Nairobi, Dec. 9 -- The Competitions Authority of Kenya (CAK) has approved the acquisition of Hillcrest International by Braeburn Schools Limited on the condition that 175 employees out of 180 who were targeted to be sent home are retained.

Hillcrest International had announced in October of plans to send its entire workforce home as part of an ownership transfer to Braeburn which is set to be concluded this month.

The school said the 30-day notice of its intention to declare the staff redundant was meant to pave the way for transferring most of the employees to Braeburn.

"Premised on the foregoing, the Authority approved the proposed acquisition of the business and certain assets of Hillcrest Investments Limited by Braeburn Schools Lim...