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Third Vipingo suitor ups stakes to Sh55 per share

By JEVANS NYABIAGE

KENYA: A third bidder has made a counter offer of Sh55 per share to buy out Rea Vipingo — brushing aside earlier offers by Robinow brothers and Centum. Mr Dilesh Bid, the managing director of Bid Insurance Brokers said his family is offering Sh55 per share to buy out other shareholders in the sisal producer.

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