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Brookside sold....
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KulaRaha
#1 Posted : Friday, July 18, 2014 10:39:09 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
French firm Danone buys 40% of Brookside for undisclosed amount.

Should free up capital for purchase of Bidco, etc etc according to rumours.
Business opportunities are like buses,there's always another one coming
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KenyanEconomist
#2 Posted : Friday, July 18, 2014 10:51:02 AM
Rank: New-farer


Joined: 5/7/2014
Posts: 40
KulaRaha wrote:
French firm Danone buys 40% of Brookside for undisclosed amount.

Should free up capital for purchase of Bidco, etc etc according to rumours.


I thought Bidco is not for sale? With all the cash Bidco has, they are chasing away investors with a stick. Everyone wants to invest but they don't need the cash.
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FRM2011
#3 Posted : Friday, July 18, 2014 10:54:08 AM
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Joined: 11/5/2010
Posts: 2,459
And here we were all along thinking Buzeki got a great deal. This is the stuff that excites me.
Kudos Brookside.
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McReggae
#4 Posted : Friday, July 18, 2014 10:54:08 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
KulaRaha wrote:
French firm Danone buys 40% of Brookside for undisclosed amount.

Should free up capital for purchase of Bidco, etc etc according to rumours.


Crazy amounts involved in the deal, to put it into context, Brookside paid Kiprop about 1B for Molo milk!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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KulaRaha
#5 Posted : Friday, July 18, 2014 10:58:25 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
KenyanEconomist wrote:
KulaRaha wrote:
French firm Danone buys 40% of Brookside for undisclosed amount.

Should free up capital for purchase of Bidco, etc etc according to rumours.


I thought Bidco is not for sale? With all the cash Bidco has, they are chasing away investors with a stick. Everyone wants to invest but they don't need the cash.


Who told you Bidco & 9 other firms are selling voluntarily?
Business opportunities are like buses,there's always another one coming
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2012
#6 Posted : Friday, July 18, 2014 11:12:20 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
KulaRaha wrote:
KenyanEconomist wrote:
KulaRaha wrote:
French firm Danone buys 40% of Brookside for undisclosed amount.

Should free up capital for purchase of Bidco, etc etc according to rumours.


I thought Bidco is not for sale? With all the cash Bidco has, they are chasing away investors with a stick. Everyone wants to invest but they don't need the cash.


Who told you Bidco & 9 other firms are selling voluntarily?


Why would Bidco sell? They could easily move their headquarters and operations and not lose out.

BBI will solve it :)
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KulaRaha
#7 Posted : Friday, July 18, 2014 11:20:51 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
2012 wrote:
KulaRaha wrote:
KenyanEconomist wrote:
KulaRaha wrote:
French firm Danone buys 40% of Brookside for undisclosed amount.

Should free up capital for purchase of Bidco, etc etc according to rumours.


I thought Bidco is not for sale? With all the cash Bidco has, they are chasing away investors with a stick. Everyone wants to invest but they don't need the cash.


Who told you Bidco & 9 other firms are selling voluntarily?


Why would Bidco sell? They could easily move their headquarters and operations and not lose out.


Adds credence to the story they are moving to UG. Watch that space...
Business opportunities are like buses,there's always another one coming
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Lolest!
#8 Posted : Sunday, July 20, 2014 9:46:01 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Bidco relocating after announcing intention of starting soft drinks line?
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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dunkang
#9 Posted : Monday, July 21, 2014 11:04:05 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
WOLOLO MAYO. UK and his mum should list this firm, atleast 40% of the remaining shares.

Joint statement wrote:
A joint statement released by the two companies announcing the buyout disclosed that Brookside made Sh15.4 billion (€130 million) sales last year, a figure that would rank it third among Nairobi Securities Exchange-listed manufacturers of fast-moving consumer goods.
Receive with simplicity everything that happens to you.” ― Rashi

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murchr
#10 Posted : Monday, July 21, 2014 7:50:32 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Lolest! wrote:
Bidco relocating after announcing intention of starting soft drinks line?


My question is, will these soft drinks include Soda?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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