Carbacid remains glued to Sh1.2bn BOC acquisition bid

BOC workers prepare cylinders for refills at their industrial area plant. PHOTO | FREDRICK ONYANGO | NMG 

Carbacid Investments is still keen on acquiring medical and industrial gas manufacturer BOC Kenya in the Sh1.2 billion deal that was scuttled by the latter’s shareholders.

The carbon dioxide manufacturer told shareholders they are seeking to speed up the hearings at the Capital Markets Tribunal and the High Court to resolve the impasse that derailed the sale.

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