The Kenya Pipeline IPO has been launched, offering 11.8 billion shares at KSh 9 each. The Privatization Authority has confirmed this valuation in a significant event for investors. From the privatization of its stake in the company, the Kenyan government is set to receive Ksh.103.35 billion, a figure slightly less than the initial target. NTV Kenya is featuring an expert discussion to provide more information on the initial public offering as part of its #FixingTheNationNTV series.
The Kenya Pipeline IPO has launched, offering 11.8 billion shares at KSh 9 each. The Privatization Authority has confirmed the valuation, marking a significant event for potential investors.