Centum Investment Company Limited (NASE:ICDC) entered into an agreement to acquire 5.53% stake Deacons (East Africa) PLC (NASE:DCEA) from Aureos East Africa Fund, L.P., a fund of The Abraaj Group, on July 28, 2017. The deal is subject to approval of Capital Markets Authority. The completion date for the transaction shall be the second business day after the satisfaction of the conditions precedent.

Centum Investment Company Limited (NASE:ICDC) cancelled the acquisition of 5.53% stake Deacons (East Africa) PLC (NASE:DCEA) from Aureos East Africa Fund, L.P., a fund of The Abraaj Group, on September 27, 2017.