Express Kenya may be delisted from NSE over new takeover bid
10 days ago, 18:00
Diniz Holdings Limited and Hector Robert Diniz indirectly own 21,392,898 shares via Etcoville Holdings Limited and 428,300 via Hector Robert Diniz which amounts to 21,821,198 shares or 61.64 per cent of the issued share capital.
Etcoville Holdings Limited, Etcoville Investments Limited and Hector Robert Diniz are acting in concert with Diniz Holdings, the notice said. Following the takeover announcement, the Nairobi Securities Exchange (NSE) was forced to suspend Express Kenya trading yesterday.
Should the take-over be successful, it is the intention of Diniz Holdings to delist Express Kenya from the Nairobi Securities Exchange.
Besides the sales of leading sports brand names, Decathlon is also a key private brands developer and currently markets more than 20 Decathlon Brands, each dedicated to a specific sport.Category: business