Home Business Leapfrog sells 30pc Goodlife Pharmacy stake

Leapfrog sells 30pc Goodlife Pharmacy stake

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Business Daily | by Charles Mwaniki


Private Equity firm Leapfrog Investments has sold a 30 percent stake in regional healthcare chain Goodlife Pharmacy to pan African medicine distributor CFAO Healthcare.

The two firms announced the sale at the end of last month, marking Leapfrog’s first partial sale of the stake in Goodlife that it acquired in 2017 from fellow PE firm Catalyst Fund for Sh2.2 billion…

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