Nairobi, Sept. 28 -- Billionaire businessman Peter Muthoka sold his airport services firm Transglobal Cargo Centre (TCC) for close to twice the assets it was holding, indicating the lucrative nature of the deal that saw him earn $40.1 million (Sh5.2 billion) from Turkish firm Celebi Ground Handling.

His profit amounted to Sh2.5 billion in the transaction.

Published by HT Digital Content Services with permission from Business Daily....