Broll Property Group (Mauritius) Ltd has relinquished a 40 per cent stake in Broll Uganda, its Ugandan subsidiary. Speaking to Daily Monitor, Uganda’s leading independent daily, Moses Dennis Lutalo, the Broll Uganda Country Manager, confirmed the move. “In the next two weeks we will announce who will acquire the 40 per cent stake of Broll,” he told Daily Monitor, without saying who the new shareholders will be or the terms of the deal. He also separately told this writer that indeed a local company would acquire the 40 percent shareholding in their Ugandan unit. “We have local shareholders, it’s…
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