Kenya: Equity Bank signals plan to buy stake in local rival
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Equity Group is ready to acquire a local rival if acquisition targets emerge, marking a shift to its previous strategy of seeking organic growth.
1M | 3M | YTD | 1Y | 2Y |
-4.28% | -3.18% | +18.87% | +2.15% | -7.13% |
Value Traded (Mln KES) 163.85 |
Volume 9,622,500 |
Transactions - |
Market Cap. (Bln KES) 1,624.18 |
Equity Group is ready to acquire a local rival if acquisition targets emerge, marking a shift to its previous strategy of seeking organic growth.
East African Breweries Limited (EABL) said yesterday its Sh11 billion bond was oversubscribed by more than three times signalling renewed investor confidence in the previously troubled local bond market.
The Nairobi Securities Exchange (NSE) will introduce day trading from next month to deepen capital markets, where turnover and trading activity has remained flat in recent years.
Nairobi Business Ventures (NBV) has finalised the acquisition of four businesses linked to Delta International valued at Sh3 billion.