Investment bank Dyer & Blair and stock brokerage Francis Drummond have been picked to guide Kenya Pipeline Company’s initial public offering (IPO) in which the government seeks to raise Sh100 billion by selling a 65 percent stake.
Sources have confirmed the selection of the two market intermediaries to this publication ahead of the expected floating of the State corporation’s shares on the Nairobi Securities Exchange (NSE) in the first quarter of 2026.
