Tanzania/Kenya: Lake Oil to acquire Hashi Energy retail business
Issue 342
- 16 Mar 2017
| 1 minute read
The Competition Authority of Kenya has approved the acquisition by Tanzanian energy firm Lake Oil of the petroleum retail business of Hashi Energy. The acquisition will add to Lake Oil’s existing gas distribution business in Kenya. The value of the impending transaction was not disclosed. Lake Oil has operations in Zambia, Democratic Republic of Congo, Rwanda and Burundi.
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