Unga keeps buyout offer window open for 10 more days

Unga products. PHOTO | FILE

Minority shareholders of Unga Group have been given 10 more days to consider a Sh40 per share buyout offer from Delaware-based conglomerate Seaboard Corporation.

The extension is a signal that the multinational may not have amassed the minimum acceptances amounting to a 75 per cent stake needed for the transaction to proceed.

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