Well, we know the following:

Access - Bought out by Dimension Data for 14/- when the going price was 9.50 though folks knew coz it jumped from 7 to 9-ish very fast and just before the Takeover was announced.

CMC - Not a great deal for current shareholders at 13/- unless there is a hefty dividend being paid as well. It was suspended at 13/- so there is an Opportunity Cost but at least the cash will be paid out. Better late than never.

Rea Vipingo - A cash offer by the 'parent' at 40/- for a share trading at 27/- but it seems the news had been leaked as the trades just before the announcement were significant for this thinly traded share.

So who is next?

KenolKobil - Spurned by Puma/Trafigura. Rumors had the buyout price pegged at 21 but it was not to be. Add the HUGE hedge (Forex & Oil prices) losses. Then fights with KPC & KPRL. The CEO, Jacob Segman, was booted out. And the firm started consolidating its operations, put assets/properties on sale, etc. The management has indicated it wants to clean up the books, settle disputes where possible and then look for a Strategic Investor. Of course, this may also mean a buy-out.

Total - Well, Total Outre-Mer already owns 90% of the firm via a combination of Common & Ordinary shares. Just buy out the 10% & be done!

Pan-Africa Insurance - Sanlam wants to increase its stake to 60% (or more). I wonder if they will just make a bid for the entire firm at some point after they convince the larger minority shareholders? Or just go private with the larger minority shareholders and de-list?

Your thoughts?

small cap market leaders!

I dont think ppl should sell their shares in good companies. These takeovers will continue to happen esp with the oil boom in the horizon.

For me.
Kenol kobil,
PAn africa,
Unga- has had a price rally hard to explain
Crown berger- looks like a target
maybe I and M.
the usual suspects.
KK was unlucky not to be taken over, seeing as access- done deal and , CMC and REA seem like going through

The usual suspects/targets are in the Agricultural sector and are majority owned by families from UK and elsewhere.
#WTK #Kakuzi and #EAGADS

Carbacid??? Total??? NIC really???!?!? Erm seems like a long shot

Am not liking these takeovers...we need more Matibas in Kenya, we should share the wealth

After various contributions from Wazuans, I am going to add to the list though these are long-shots for 2014:

HFCK - Always the bridesmaid but not the bride. She has been 'touched' by both brothers (Britam & Equity) which makes it unlikely to find another suitor. It is a matter of time before HFCK is taken out BUT it does not seem so in 2014. Of course, never say never!

Eaagads - This is going, going... Once the Tatu City drama is sorted out. This can take ages in Kenyan courts. Perhaps not in 2014 but I doubt the premium will be much higher since the price has already ramped up. Coffee is hurting.

NBK - Takeover from the perspective of GoK (conversion of Preference Shares into Common Shares), NSSF or a Strategic Investor but not de-listing.

Mwekez@ji in your estimation, how do you think the share prices of Kengen and KPLC will react to this?

Are kenyans making money through this speculative takeovers or are they being cheated out? What will happen to those who didnot sell off their Access Kenya stocks to Dimension Data?