Nairobi Business Venture #ticker:NBV (NBV) new chief executive Haresh Soni and his associates will increase their stake in the company to a new high of 94.84 percent by taking an additional 857.6 million shares in the company.
NBV will issue the new shares to pay for the acquisition of four companies worth a total of Sh3.4 billion and which are controlled by Mr Soni and his partners.
