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Kenya Re buys Sh. 261.4 million Co-op Bank shares

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Nairobi Securities Exchange listed reinsurance firm Kenya Re has bought Cooperative Bank shares worth Sh. 261.4 million. The shares, amounting to 15.3 million, saw the re-insurer join the list of Co-op Bank’s top shareholders. “It was not a single transaction. We have been accumulating Co-op Bank shares just like our other equity investments,” the chief […]

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