Unga quietly suspends trading from NSE after takeover hitch

Unga Group’s #ticker:UNGA share at the Nairobi Securities Exchange (NSE) #ticker:NSE was back in suspension Tuesday, a day after a resumption of trading following a three-week hiatus that saw the stock drop 4.4 per cent to Sh37.50.

The NSE said the company sought an extra two days of suspension to conclude the transfer of shares bought by the US conglomerate Seaboard Corporation in its unsuccessful takeover bid for the firm.

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