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Banks, Kenyan Gov’t Now Own 87% of Kenya Airways

In a statement published on the local dailies, Kenya Airways will see a major restructuring in its shareholding structure that will see the Government of Kenya and KQ Lenders Company own a combined 87 percent of the airline in an effort to deleverage the ailing carrier. The government and major KQ lenders agreed to convert […]...

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Published By: redpepper - Tuesday, 14 November