Swiss Investor A Squared Holding Moves to Acquire Full Control of Nawiri Group’s Tanzania Safari Business

Switzerland's A Squared Holding AG intends to acquire sole control of Nawiri Group Limited, the Mauritius-based holding company behind Asilia Lodges and Camps Limited, Asilia Lodges and Camps Southern Tanzania Limited, and Rubondo Island Camp Limited, which together operate around 15 safari camps and lodges across Tanzania. Tanzania's Fair Competition Commission has opened a 14-day public comment period on the transaction as part of its review of the deal's effect on competition in the country's tourism market.