Has Tuskys bought rival chain?
20 May 2013, 10:52
Nairobi - The Daily Nation reports that a local retail giant is said to have acquired a rival’s operations in Nairobi in a bid to consolidate its business in the city.
According to sources who did not want to be named because they are not authorised to speak on behalf of the supermarkets, Tuskys Supermarket has acquired Ukwala supermarket’s Nairobi operations for an undisclosed amount.
Neither Ukwala nor Tuskys’ managers could be reached for comment, but insiders said the deal has been finalised but the management has not found it appropriate to bring it to light yet.
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