Billionaire investor Baloobhai Patel has bought an additional 14.6 million shares in Co-operative Bank with a current market value of Sh181.8 million, entrenching his position as the lender’s second-largest individual investor.
Filings by the Nairobi Securities Exchange-listed firm show that Mr Patel raised his holdings in Co-op Bank to 55.1 million shares at the end of last month from 40.4 million shares as of December 31, 2022.
