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Rea Vipingo delisted from NSE following buyout
A section of Rea Vipingo’s sisal estate in Kilifi. The firm has announced it is no longer listed on the Nairobi Securities Exchange. PHOTO | FILE
Rea Vipingo has delisted at the Nairobi Securities Exchange (NSE) following acquisition by two British brothers.
More than 90 per cent of the Rea Vipingo shareholders agreed to sell their shares to Richard and Jeremy Robinow of the UK in June. The stakeholders were offered Sh85 per share which was three times the Sh27.50 last trading price at the NSE.
