Centum Investment-owned Bakki Holdico Limited, has acquired all the shares of the late ambassador Bethuel Kiplagat in Sidian Bank, raising its stake in the tier III lender above 80 per cent.
Sidian bank discloses this in the latest annual report which shows that the family of the diplomat sold its entire 8,254 shares or 0.2 per cent stake in the bank to Bakki, a wholly-owned subsidiary of Centum Investment.
