Billionaire investor Baloobhai Patel has bought an additional 6.5 million shares in Co-op Bank with a current market value of Sh75.5 million.
His ownership rose to 40.4 million shares equivalent to a 0.69 percent stake as of March, according to disclosures by the Nairobi Securities Exchange-listed firm. Mr Patel held 33.9 million shares of the bank amounting to a 0.58 percent stake in December 2021.
