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KenolKobil board approves takeover by French firm Rubis Energie

A worker adjusts fuel prices at a KenolKobil petrol station in Eldoret Town in the past. FILE PHOTO | NMG

By  Charles Mwaniki

Business Reporter

Nation Media Group

The board of NSE-listed oil marketer KenolKobil #ticker:KENO has endorsed the proposed takeover of the firm by French company Rubis Energie.

Following the approval by the board, shareholders have until February 18 to accept or reject the offer.

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