Billionaire investor Chris Kirubi is set to buy an additional 20 percent stake in Centum Investment Company #ticker:CTUM in a deal worth Sh2.7 billion at a time the investment firm’s stock has hit a seven- year low.
This will mark the second major share purchase by Mr Kirubi, 79, who says that the company’s prevailing share price on the Nairobi Securities Exchange #ticker:NSE (NSE) continues to undervalue its true worth.
