NAIROBI, Kenya, Nov 26 – Listed local investment firm Carbacid Investments Limited in collaboration with Aksaya Investments LLP has today confirmed the placing of a Kshs 1.2 billion takeover bid for 100% shares of BOC Kenya as part of its market expansion plans, subject to regulatory approvals. BOC Kenya is a leading supplier of industrial, […]
Carbacid Investments #ticker:CARB and its majority shareholder Baloobhai Patel have made a joint bid to acquire 100 percent of BOC Kenya #ticker:BOC for Sh1.2 billion. The proposed transaction will result in the largest combined industrial gases business, bringing together Carbacid’s carbon dioxide operation and BOC’s oxygen and other gas products. “The co-offerors have chosen to […]
KCB Group kicked off the week as the top mover of the day after selling 4.41 million shares with a market capitalization of 118.25 billion shillings followed by Safaricom with 2.24 million shares with a market capitalization of 1.28 trillion shillings. East African Breweries and Equity Group sold 827,100 and 669,500 with a market capitalization […]
November, Wednesday 4, 2020: The top gainer of the day at the Nairobi Securities Exchange (NSE) was Flame Tree Group with 5.26 percent at the price of 1.40 shillings per share. WPP ScanGroup and British American Tobacco gained 3.17 and 2.68 percent at the price of 6.50 and 345.00 shillings per share respectively. Centum Investment […]
Express Kenya closed the week as the top gainer of the day at the Nairobi Securities Exchange (NSE) with 8.61 percent at the price of 3.91 shillings per share followed by Uchumi Supermarket with 7,14 percent at the price of 0.30 shillings per share. Stanbic Holdings and Fahari Stanlib Income – REIT gained 5,96 and […]
The Nairobi Securities Exchange (NSE) was the top gainer of the day on Thursday after being in the red for some days with 8.11 percent at the price of 8.00 shillings per share. Trans-Century and Carbacid Investments gained 6.67 and 6.10 percent at the price of 1.60 and 8.70 shillings per share respectively followed by […]
November, Monday 2, 2020: Safaricom was the top mover of the day after moving 7.89 million shares at a market capitalization of 1.25 trillion followed by Bamburi Cement with 1.78 million shares at a market capitalization of 8.28 billion shillings. Equity Group moved 1.09million shares at a market capitalization of 125.85 billion shillings while East […]
Dr. James Mwangi, Equity Group CEO addresses shareholders at Equity Group’s 16th Annual General Meeting in Nairobi . [Wilberforce Okwiri] Forget reinventing the wheel. If you want to make money at the stock exchange, then follow these 12 savviest investors whose collective investment in the top 20 listed companies is valued at Sh25.6 billion. They […]
Carbacid Investments plant in Industrial Area, Nairobi. FILE PHOTO | NMG Billionaire investor Baloobhai Patel has bought an additional five percent stake worth Sh101.7 million in carbon dioxide manufacturer Carbacid Investments , raising his ownership to a new high of 40.3 percent. His holdings have jumped to 102.9 million shares, according to August regulatory filings. […]
Billionaire investor Baloobhai Patel has bought an additional five percent stake worth Sh101.7 million in carbon dioxide manufacturer Carbacid Investments #ticker:CARB, raising his ownership to a new high of 40.3 percent. His holdings have jumped to 102.9 million shares, according to August regulatory filings. This represents a 14 percent increase from July last year when […]
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