NSE 25 drops 40.0% as Absa targets $238 million Kenya stake offer
The NSE 25 closed at 3,700.44 on June 30, down 40.0051%. Absa Group launched a $238 million offer for its stake in Absa Bank Kenya, according to African Law & Business. Absa Bank Kenya also changed leadership after CEO Abdi Mohamed resigned on June 29, reports The Kenyan Wallstreet, while Yusuf Omari was named interim CEO, according to The Eastleigh Voice. June 30 corporate flow also featured audited results from Safaricom, Nation Media Group, TotalEnergies Marketing Kenya and Home Afrika, alongside 3 governance filings from Nairobi Securities Exchange.
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