Rock Investment Bank acquired the 60 percent stake in Nabo Capital at the end of June, ending Centum's majority ownership after more than a decade
By
Charles Mwaniki
Business Reporter
Nation Media Group
Dealmaker Belgrad Kenne has been revealed as the majority owner of the investment firm that recently acquired a controlling 60 percent stake in fund manager Nabo Capital from Centum Investment Company for an estimated Sh271 million.
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Transaction hands Rock Investment Bank immediate control of one of Kenya’s established investment managers.
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