Private Equity

Did Actis Inflate Land Price In Deal With Kenya's Safaricom?

by telecompaper.com posted 4years ago 342 views
<span style="line-height: 20.8px;">Kenyan operator Safaricom has lowered its valuation of a five-acre piece of land it bought last year from a private equity firm, lending credence to a leaked audit report that found the transaction price to have been inflated, Business reported, citing&nbsp;the company&rsquo;s annual report.&nbsp;</span>

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