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Suspect deals that put KenolKobil on regulator’s radar

French fuel firm Rubis offers to buy KenolKobil. [Courtesy]

A surge in the volume of KenolKobil shares traded last week has tipped the Capital Markets Authority (CMA) to possible insider trading.

CMA on Wednesday said it had identified irregular trading of the KenolKobil counter in the days before France’s Rubis Energie made public the offer to acquire the company.

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