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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