Tycoon Ngugi Kiuna's BOC Kenya stake soars after the buyout he fought collapsed
BOC Kenya shares have more than doubled since the Carbacid buyout collapsed, lifting the stake of Ngugi Kiuna, who opposed the offer as too low.
Ngugi Kiuna
Kenyan beer tycoon Ngugi Kiuna fails to block $1.5 million legal fee claim in Heineken case
Kenyan tycoon Ngugi Kiuna has failed to block a law firm from pursuing more than $1.5 million in legal fees tied to his Heineken court battle.
Heineken posts $1.9 million bank guarantee to freeze interest owed to Kenyan tycoon Ngugi Kiuna
The Dutch brewer secured a $1.9 million Equity Bank guarantee, halting disputed interest on the $11.3 million award owed to Ngugi Kiuna's Maxam.
Heineken fights Kenyan beer tycoon Ngugi Kiuna over interest on $11.4 million award
Heineken is fighting Sh230 million in interest charges on Ngugi Kiuna's Sh1.47 billion distributorship award, arguing the amount was never part of original court proceedings.
Kenyan beer tycoon Ngugi Kiuna wins $11.4 million guarantee in Heineken battle
A Nairobi court has ordered Heineken to post a Sh1.47 billion bank guarantee before it can appeal the Sh1.8 billion award to Ngugi Kiuna.
Ngugi Kiuna’s BOC Kenya eyes growth after Carbacid's failed deal
BOC Kenya, led by Ngugi Kiuna, targets independent growth after the collapse of its acquisition deal with Carbacid, refocusing on market expansion.
Struggling cereals firm linked to Kenyan tycoon Ngugi Kiuna receives $10 million buyout offer
The troubled company is pinning its hopes on the potential investor, who has reportedly offered $10 million to revive operations and settle debts owed to KCB Bank Kenya.
Cereals company tied to Kenyan tycoon Ngugi Kiuna faces receivership over $28.6 million debt
The move reflects the growing financial strain on Kenyan businesses as economic pressures mount.
Heineken’s attempt to block $13.1-million payment to Kenyan tycoon Ngugi Kiuna fails
The court emphasized that the case revolved around the legitimacy of the termination notice, not constitutional interpretation.
Dutch giant Heineken to pay $13.1 million to Kenyan tycoon Ngugi Kiuna’s firm
This follows the Court of Appeal’s ruling that upheld a High Court order for Heineken to compensate Maxam for the unlawful termination of their distribution contract in Kenya.
Kenyan tycoon Ngugi Kiuna bolsters stake in BOC Kenya to counter takeover attempt
According to the report, Kiuna purchased an additional 93,826 shares in BOC Kenya, amounting to a value of Ksh7.2 million ($63,400).
Kenyan beer tycoon Ngugi Kiuna ups stake in gas manufacturer, BOC Kenya
The acquisition solidifies Kiuna’s position in BOC Kenya as one of the company’s leading shareholders.
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.