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Kenya's Competition Authority approved Ramco Plexus's acquisition of Platinum Packaging, a flexible packaging film maker jointly owned by Ramco Group and Carton Manufacturers. Ramco Plexus will pay Carton about KES500m (US$4.27m) for its 50% stake.
Kenya's Competition Authority unconditionally approved Ramco Plexus's acquisition of sole control of flexible packaging maker Platinum Packaging, which it will buy from Carton Manufacturers for about KES500m ($4.27m).
