Rock Investment Bank acquires 60pc stake in Nabo Capital
Following the transaction, Centum will retain a 40 percent stake, with Nabo Capital ceasing to be its subsidiary and instead being accounted for as an associate company...
✨ Key Highlights
Rock Investment Bank has acquired a 60 percent stake in Nabo Capital, significantly changing its ownership structure after purchasing the stake from Centum Investment Company. This transaction allows Rock Investment Bank to become the majority shareholder.
- Rock Investment Bank now holds 60% of Nabo Capital.
- Key organizations involved are Rock Investment Bank and Centum Investment Company, with Nabo Capital being the acquired entity.
- Centum Investment Company will retain a 40 percent stake, with Nabo Capital now accounted for as an associate rather than a subsidiary.
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NIFC Certifies 15 Firms Eyeing Sh25.9bn Investment - July 2026
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