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Family bank aquisition
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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'
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obiero
#2 Posted : Sunday, October 17, 2010 11:42:37 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
^ business daily..
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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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'
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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?
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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....
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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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