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Kengen to sell Sh. 2.3 bn stake to South African fund

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KenGen is set to sell a 5.33 per cent stake to a South Africa’s pension fund in a bid to net Sh. 2.3 billion. The power generator will sell the stake to South Africa’s Public Investment Corporation SOC Limited. The stake will sold to the SA firm at Sh. 6.55 per share. “Kengen wishes to […]

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