Carbacid Investments Plc seeks to acquire BOC Kenya in a Sh1.2bn takeover bid

Carbacid Investments Plc seeks to acquire BOC Kenya in a Sh1.2bn takeover bid

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 makes Sh1.2bn bid for BOC Kenya

Carbacid makes Sh1.2bn bid for BOC Kenya

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 […]

Here Are The Top 5 Movers, Gainers And Losers At The NSE On Monday

Here Are The Top 5 Movers, Gainers And Losers At The NSE On Monday

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 […]

Here Are The Top 5 Movers, Gainers And Losers At The NSE On Monday

Here Are The Top 5 Movers, Gainers And Losers At The NSE On Monday

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 […]