EDITORIAL: CMA must plug loopholes in policing of securities
2 weeks ago, 14:32
The Capital Markets Authority (CMA) has been giving confusing signals on the issue of suspension of trading in listed companies that are subject of takeover bids. The basis of taking the decisions on suspensions remains unclear and there is no telling what it will do once a potential merger and acquisition deal involving a company listed on the Nairobi Securities Exchange (NSE) is announced. In the latest case, where Express Kenya has received a buyout bid, the CMA has just lifted the suspension ...
Category: business corporate news