In Kenya, exits mainly occur through secondary buyouts where a strategic investor acquires the stake of the exiting shareholder.
By
Julians Amboko
Contributor
A group of fund managers has set up a Sh388 billion ($ 3 billion) reserve aimed at buying out investors seeking to exit their stakes in firms through the Nairobi Securities Exchange (NSE).
An exit occurs when an investor opts to sell part or all ownership in a company. In a healthy or growing company, an investor may exit to gain a return on investment. In some cases, an exiting investor may want to access cash to invest elsewhere.
The large blue chips tend to have a larger exposure to foreign investors due to high liquidity, which supports large ticket…
The shares were bought from local institutions and foreign investors who traded part of their holdings to take profits as the…
Investors in the fund stand to earn a quarterly interest payout from investments like renewable energy, agribusiness and…
As Kenya continues to deepen its capital markets through the NSE, the focus is shifting from simply attracting capital to…
The move reflects a broader industry shift where Kenyan investment banks and fund managers are pushing for offshore investments…
Only investors with 7,520 NCBA shares or more have been offered cash-and-stock compensation to meet the condition of holding at…
