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Africa Business Review
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Quickmart fair value estimated at Sh24.9bn, below Sh30bn offer value

NAIROBI, Kenya, October 21 – Quickmart Supermarket has been valued at between Sh21.1 billion and Sh24.9 billion by investment analysis firm Investia Africa, below the Sh30 billion valuation implied by its planned initial public offering (IPO) on the Nairobi Securities Exchange (NSE). The valuation raises questions…

Capital BusinessBy PHIDEL KIZITO
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Quickmart fair value estimated at Sh24.9bn, below Sh30bn offer value
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Original headline: “Quickmart fair value estimated at Sh24.9bn, below Sh30bn offer value”

  • Business
  • Companies
  • Nairobi Securities Exchange
  • Quickmart IPO
  • Quickmart IPO price