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Rea Vipingo investors okay Robinow brothers’ Sh85 offer

Tuesday, April 28, 2015 — updated on December 26, 2020 - 2 min read

A section of Rea Vipingo’s sisal estate located in Kilifi. Robinow brothers are seeking to buy 43pc stake in Rea Vipingo to delist the firm from NSE. PHOTO | FILE

Rea Vipingo shareholders on Tuesday agreed to sell stakes in the agricultural company to the Robinow brothers, the UK majority owners, taking the firm a step closer to delisting.

Shareholders accepted the buyout offer from Richard and Jeremy Robinow of the UK at the company’s extraordinary general meeting at Southern Sun Hotel in Nairobi.