Court vacancies hamper Kenyan tycoon Baloobhai Patel’s $10.6-million acquisition deal via Carbacid Investments
Patel owns a 49.9-percent stake in Carbacid.
Baloobhai Patel
Carbacid Investments looks to acquire Kenyan tycoon Ngugi Kiuna’s BOC Kenya
Due to legal and regulatory roadblocks, the finalization of the deal has now dragged on for more than one year.
Kenyan tycoon Baloobhai Patel now owns 49.9-percent stake in Carbacid Investments
Carbacid Investments is an investment holding with interests in carbon dioxide gas production processing and marketing.
Kenyan businessman Baloobhai Patel earns $424,600 from stake in Absa Bank Kenya in 84 days
Absa Bank Kenya is a leading bank in Kenya and an operating subsidiary of Absa Group Limited.