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Archive for September, 2008

Kenya’s Co-op Bank to do IPO

By James Anyanzwa
The Co-operative Bank’s pursuit to raise Sh10 billion through an initial public offering (IPO) has started off with early indications that the offer could be priced at about Sh14 a share.
In the IPO, billed to the second largest after Safaricom, more than 50,000 individual shareholders of the bank are expecting to boost the [...]