Mr Thakrar, the founder of ScanGroup, exited the firm in 2021 following a fallout and has sued the firm and its parent company, WPP Group, for $£24 million (Sh4.22 billion), citing irregular...
By
Kabui Mwangi
Correspondent
Nation Media Group
WPP Scangroup founder and former CEO Bharat Thakrar failed in his bid to oust the firm’s board in a vote at the annual general meeting, as the majority shareholder was unable to secure the backing of the minority investors.
The father of two founded Scanad Marketing Ltd in 1982 and painstakingly grew it into one of East Africa's most influential…
Kenya has witnessed fewer instances of activism, with cases of minority investors pushing publicly for change they believe will…
ScanGroup says in its 2025 annual report that the long-term loans recoverable from WPP had a gross value of Sh1.49 billion at the…
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