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I&M Bank set to debut at the stock market on June 25

The I&M Bank building on Kenyatta Avenue, Nairobi. The bank has completed a reverse take-over that has merged its business with that of investment firm City Trust. FILE

I&M Bank is set to list at the stock market on June 25, completing a reverse take-over that will merge businesses of the lender and investment firm City Trust.

The new entity, I&M Holdings, will start trading at Sh448 per share, the last average market price of City Trust before suspension from the Nairobi Securities Exchange (NSE).

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Note: The results are not exact but very close to the actual.

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