The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya Pipeline Company storage facilities in Nairobi. [File, Standard]
The government last week set the wheels in motion for the privatisation of Kenya Pipeline Company (KPC), launching what could be the country’s biggest Initial Public Offering (IPO) at the Nairobi Securities Exchange (NSE) in over a decade.
The IPO is also a two-in-one sale, with the Kenya Petroleum Refineries Ltd (KPRL) being part of the sale, which, to some extent, complicates the privatisation process.
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