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National Bank of Kenya (NBK) has formally exited the Nairobi bourse following the acquisition by KCB Group in September 2019.
Capital Markets Authority (CMA) said the exit will be effected on Thursday for the counter that has not been trading on the Nairobi Securities Exchange (NSE) since KCB acquired all the shares. “The delisting follows the successful takeover of 100 per cent shareholding of NBK by KCB and NBK shareholders’ approval,” said the NSE.
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