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Kenya/Uganda/Rwanda: Bid target KenolKobil to buy Delta filling stations

KenolKobil announced an agreement with Delta Petroleum on 7 November to buy 23 service stations in Uganda and ten in Rwanda. On conclusion of the transaction, KenolKobil’s total retail network will rise to 433 stations, of which 200 are in Kenya. Kobil Uganda’s retail outlets will increase to 56 stations while Kobil Rwanda will have 61 stations under its control. The value of the transactions was not disclosed.

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