Carbacid makes Sh1.2bn bid for BOC Kenya
Carbacid Investments and its majority shareholder Baloobhai Patel have made a joint bid to acquire 100 percent of BOC Kenya for Sh1.2 billion.
1M | 3M | YTD | 1Y | 2Y |
-2.97% | -3.07% | +19.01% | +2.45% | -12.26% |
Value Traded (Mln KES) 86.75 |
Volume 6,479,300 |
Transactions - |
Market Cap. (Bln KES) 1,625.98 |
Carbacid Investments and its majority shareholder Baloobhai Patel have made a joint bid to acquire 100 percent of BOC Kenya for Sh1.2 billion.
The Nairobi Securities Exchange has extended the suspension of Nairobi Business Ventures (NSE:NBV) from trading on the bourse until 30th November 2020.
Safaricom (NSE:SCOM) borrowed additional short-term bank loans amounting to Sh24.7 billion in the half year ended September when its net profit dropped six percent due to removal of fees on M-Pesa transactions of up to Sh1,000.
Banking group I&M Holdings (NSE:IMH) will pay Sh3.6 billion to acquire a 90 percent stake in Uganda’s Orient Bank, according to disclosures in a circular to shareholders.