Centum Investment Company's stake in Sidian Bank is set to fall below 10 percent on a fresh Sh1.03 billion deal in which it plans to sell 50 percent stake in the holding company through which it owns the small lender.
The Nairobi Securities Exchange-listed firm says it has received regulatory nod for the stake sale in Bakki Holdco Limited to Kenbe Investments Limited —an investment firm.
