•Carbacid is making a move in collaboration with Aksaya Investments LLP. •The deal , if approved, will see Carbacid acquire 100 per cent share of the renowned supplier of industrial, medical and special gases in East Africa. BOC gas filling plant in Industrial area. Photo/File The intended offer to acquire BOC Kenya by Carbacid Investments […]
Tag: XNAI_CARB
BOC Kenya acquisition on course
The intended offer to acquire BOC Kenya Plc by listed Carbacid Investments Limited in collaboration with Aksaya Investments LLP has moved a stage further with the two entities fulfilling their legal obligation to serve on BOC an Offeror’s Statement. In response to the service and in compliance with the Capital Markets Regulations governing takeovers and […]
Kenya: Carbacid Investments Limited Bid to Acquire BOC Kenya Advancing
Nairobi — The intended offer to acquire BOC Kenya Plc the NSE listed and a leading supplier of industrial, medical and special gases in East Africa by listed Carbacid Investments Limited (CIL) in collaboration with Aksaya Investments LLP has moved a stage further with the two entities fulfilling their legal obligation to serve on BOC […]
Majority shareholders support BOC Kenya acquisition
The investment consortium that has issued a notice of intention to acquire BOC Kenya Plc (NSE: BOC) the listed supplier of industrial, medical and special gases in East Africa has confirmed that the bid has the support of the majority shareholder, BOC Holdings. Carbacid Investments Limited (CIL) (NSE: CARB) in collaboration with Aksaya Investments LLP […]
Safaricom Dominates The NSE As Top Mover Of The Day
Safaricom has continued dominating the Nairobi Securities Exchange (NSE) as the top mover. On Wednesday, the telecommunications giant moved 13.89 million shares with a market capitalization of 1.32 trillion shillings. The second top mover of the day was Equity Group who sold 8.55 million shares with a market capitalization of 133.21 billion shillings. It is […]
BOC Kenya Bid has Support of Majority Shareholder
NAIROBI, Kenya, Dec 1 – The investment consortium that has issued a notice of intention to acquire BOC Kenya Plc, the listed supplier of industrial, medical, and special gases in East Africa has confirmed that the bid has the support of the majority shareholder, BOC Holdings. Carbacid Investments Limited (CIL) in collaboration with Aksaya Investments […]
Sweet revenge as Carbacid offers to buy out BOC Kenya
BOC gas filling plant in Industrial area. Photo/File Listed local investment firm Carbacid Investments Limited has partnered with Aksaya Investments LLP to buyout industrial and medical gases firm, BOC Kenya. In a statement, Carbacid confirmed placing a Sh1.2 billion takeover bid for 100 per cent shares of BOC Kenya (NSE: BOC) as part of its […]
Hunter becomes the hunted as Carbacid tycoon makes takeover bid for BOC
Packaging and selling air has turned out to be one of the most lucrative ventures this year. And if everything goes according to plan billionaire Baloobhai Patel is set to breathe a profitable air for years to come. Carbacid Investments in a joint partnership with Aksaya Investments has placed a Sh1.2 billion takeover bid for […]
Hunter becomes the hunted as Carbacid tycoon makes hostile takeover bid of BOC
From left: BOC Kenya managing director Marion Mwangi and Ruaraka Neema Uhai Hospital administrator Gabriele Beacco after the company installed a bulk medical oxygen tank at the hospital. Packaging and selling air has turned out to be one of the most lucrative ventures this year. And if everything goes according to plan billionaire Baloobhai Patel […]
Carbacid seeks out merger with BOC in Ksh1.2 billion bid
PHOTO | COURTESY The manufacturer of carbon dioxide gas for industrial use Carbacid Investments has made a Ksh.1.2 billion bid for its peer BOC Kenya, an industrial and medical gases manufacturer. The offer will see Carbacid pay out a Ksh.63.50 premium for each ordinary share of BOC Kenya. The deal is however flanked by Aksaya […]