This archive report was first published on 23 August 2019.
On August 23rd, 2019, Kenol Kobil, an energy company, was delisted from the Nairobi Securities Exchange (NSE) after its successful acquisition by Rubis Energie S.A.S. at a cost of KSh36 billion.
The delisting marks the end of Kenol Kobil's presence on the NSE, leaving 61 actively traded counters on the exchange. This is a decrease from the 64 listed entities at the start of 2018.
ARM Cement and Deacons shares remain suspended from trading at the bourse.
Related articles include the Kestrel CEO Andre DeSimone's resignation amid a Kenol Kobil insider trading probe and the Capital Markets Authority's recovery of Sh 458M in connection with suspicious trades in KenolKobil shares.
