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Family bank aquisition
Sober
#1 Posted : Sunday, October 17, 2010 11:32:38 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
25 percent of family bank is to be grabbed by some Mauritius-based private equity fund and the deal estimated to be worth Sh1.2 billion. this means the IPO may be delayed to around 2015
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
obiero
#2 Posted : Sunday, October 17, 2010 11:42:37 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,762
Location: nairobi
^ business daily..

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
Sober
#3 Posted : Sunday, October 17, 2010 11:56:56 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
obiero wrote:
^ business daily..



http://www.businessdaily...8/-/13mu2ie/-/index.html
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
PKoli
#4 Posted : Sunday, October 17, 2010 11:58:43 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
Sober wrote:
25 percent of family bank is to be grabbed by some Mauritius-based private equity fund and the deal estimated to be worth Sh1.2 billion. this means the IPO may be delayed to around 2015


Why should the acquisition delay the IPO?
bartum
#5 Posted : Monday, October 18, 2010 10:51:29 AM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
so the holding of current shareholher is further diluted,
could centum could not have participated instead of taking wealth to mauriti....
Sober
#6 Posted : Monday, October 18, 2010 12:04:19 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
the new entrants are already in the coutry in other sectors. they are not new to the region.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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