Mauritian tycoon Arnaud Lagesse’s IBL rebounds after two difficult years
Lagesse and his siblings own a 16.8-percent joint stake in IBL Group, or 114,369,469 shares.
IBL Group
Wealthy Mauritian Lagesse family loses $21 million in 74 days from IBL Group investment
However, the Lagesse family remains one of Mauritius’ wealthiest, most powerful families.
Mauritian tycoon Arnaud Lagesse-led IBL Group buys stake in leading Kenyan supermarket chain
The transaction highlights Naivas’ intrinsic value as Kenya’s largest supermarket chain.