Nairobi, Sept. 9 -- Centum Investment Company exited Sidian Bank after 25 years of ownership with cumulative proceeds from the sale of its stake falling Sh301 million short of the investment firm's original cost of Sh4.77 billion.

The firm sold its final 14.63 percent stake in Sidian in March and has now disclosed that this deal was valued at Sh1.2 billion, bringing the total proceeds from a series of disposals since 2024 to Sh4.469 billion.

This means that, measured against the historical cost of the investment, Centum recovered about 93.7 percent of the money it originally put into the lender, before taking into account any dividends it may have received during the period.

The investment firm received limited dividends from Sidian ov...