The market valuation of Nairobi Business Ventures (NBV) has settled at Sh6.7 billion, three months after the completion of its reverse takeover by Delta International FZE, which has introduced new subsidiaries to the entity.
Delta International’s takeover has come with an increase in NBV’s issued shares at the Nairobi Securities Exchange (NSE) #ticker:NSE to 1.35 billion from 38.6 million prior to the buyout, which combined with a rise in share price has caused a huge jump in market capitalisation for the firm.
