Deals
AccessKenya Surges to 22-Month High on Buyout Bet: Nairobi Mover
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AccessKenya Group Ltd., the nation’s only publicly traded Internet company, surged to the highest level in almost 22 months on takeover speculation, trading more than 12 times its three-month daily average volume.
The stock advanced 6.9 percent to 7.70 shillings by the 3 p.m. close in Nairobi, the capital. This is the highest since May 2011, according to data compiled by Bloomberg. About 3.86 million shares traded.