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Lato Milk Aiming at Kenya Buyout In IFC Deal

Lato Milk Aiming at Kenya Buyout In IFC Deal

Lato Milk brand owners, Pearl Dairy Farms Limited has set targets for an acquisition in Kenya. This follows a $21 million (KShs2.8 billion) investment by the International Finance Corporation (IFC). The corporation is looking to drive expansion in the two East African countries, Kenya and Uganda. The private sector investment arm of the World Bank said this investment will support ...

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