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Troubled Atlas cancels London bourse listing, seeks buyer for Addis plant

Atlas Development & Support Services chief executive Carl Esprey. FILE PHOTO | SALATON NJAU

Troubled Atlas African Industries today cancelled its listing on the London Stock Exchange after failing to hire a corporate adviser, but says it will continue trading on the Nairobi bourse.

The loss-making logistics firm, also listed on the Nairobi Securities Exchange (NSE), suspended trading on October 17 following the resignation of its nominated adviser Stifel Nicolaus Europe Ltd.

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