TransCentury chairman Zephaniah Mbugua whose stake will drop from 4.25 per cent to 3.19 per cent. PHOTO | FILE

The Big Story

Entry of PE Kuramo to dilute TransCentury owners’ stake by 25pc

Shareholders of TransCentury are set to take a 25 per cent dilution from the entry of private equity firm Kuramo Capital which has proposed to buy the investment firm’s shares at a large premium to the market value....

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