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The Kenya Pipeline Company’s (KPC) initial public offering (IPO) has been extended by three days following approval by the Capital Markets Authority. The offer, which was initially scheduled to close on Thursday, will now close on February 24.
In a statement, the Privatisation Authority said the extension was informed by recent public participation and stakeholder engagement forums on the State’s privatisation programme, where some retail investors asked for additional time to participate in the offer.
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