Kenya Wine Agencies Limited (Kwal) - The Government's 43.77 percent stake in Kwal Holdings

Kenya Wine Agencies Limited (Kwal) - The Government's 43.77 percent stake in Kwal Holdings

Business Daily

The government has invited bids for its 43.77 percent stake in wine and spirits firm Kwal Holdings East Africa Limited (KHEAL) The value of the stake, which was raised from Sh3.4 billion in the prior year, is held via Kenya Development Corporation. The government is also selling its 0.1 percent shareholding in Kenya Wine Agencies Limited (KWAL), the operating subsidiary that is owned by KHEAL.

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