Kenya: Planned CMC Sale to Dubai Firm On Course

18 December 2013

MINORITY shareholders of the troubled motor dealer, Coopers Motors Corporation, have until January 24 to sell their shares at Sh13 a piece.

Dubai based Al-Futtaim Group that has successfully bid to acquire the company for Sh7.6 billion yesterday asked shareholders to surrender their stake at 50 cents less than last trading value on September 28, 2011.

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