Kenyan investors have been allocated up to 60 percent of the 11.81 billion Kenya Pipeline Company (KPC) shares the government is offloading in an initial public offering (IPO), which opened on Monday.
The IPO, whose sale period runs until February 19, 2026, has been priced at Sh9 per share. It is expected to yield gross proceeds of Sh106.3 billion, if fully subscribed.
