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Kirubi completes buyback of Haco from South African firm

Businessman Chris Kirubi. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

Businessman Chris Kirubi has taken back full control of Haco Tiger Brands East Africa after acquiring Johannesburg-based Tiger Brands’ 51 per cent stake in the fast moving consumer goods manufacturer.

Mr Kirubi in 2008 sold the stake in the firm –then trading as Haco Industries— to the multinational for more than Sh300 million.

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