Centum confirms Carbacid shares sale
Centum Investment Company Limited, East Africa's largest publicly listed private equity company, has officially announced substantial divesture of its 22% shareholding from the Nairobi Stock Exchange listed Carbacid Investment Ltd. The divestiture process was driven by the need to raise funds to invest in other opportunities that have the promise of delivering even better returns.Centum Chief Executive Officer James Mworia, confirmed the move saying; "We still believe that Carbacid has very strong Read more [...]