Car & General to Buy Remaining 50% Stake in Cummins C&G

Car & General Trading, a wholly owned subsidiary of Car & General Kenya, has entered into an agreement with CMI Africa for the acquisition and will hold 100% of the shares in Cummins C&G following the transaction, according to a statement.

• Cummins C&G will continue to operate in the East African region, comprising Kenya, Tanzania, Uganda, Rwanda, Burundi, Seychelles and Somalia

Source: Bloomberg