Nairobi, June 18 -- A Dubai-based creditor has lost its bid to challenge the process that led to the takeover of Savannah Cement, with the High Court backing the actions taken by the administrator as part of the restructure of the company.

The decision closes a dispute over the sale that culminated in the acquisition of Savannah Cement by a consortium of Kenyan millers in 2025 after the cement maker collapsed under debts exceeding Sh14 billion.

The court dismissed W. General Trading LLC's bid to stop the process that led to Savannah Cement's takeover.

The Dubai company claimed Savannah Cement owed it $4.5 million (Sh582.7 million) and sought orders stopping the disposal of the company's assets.

The creditor had accused administrator P...