Aliko Dangote threatened to abandon $327 million Kenya Pipeline deal before pension funds lowered their price
Nigerian billionaire Aliko Dangote threatened to abandon his $327 million purchase of nearly a quarter of Kenya Pipeline Company after state-backed pension funds demanded a premium for their shares, according to people involved in the negotiations.
By Ayodeji AdegboyegaSouth Africa
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Aliko Dangote’s company acquired a 24.76% stake in Kenya Pipeline Company for about $327 million. [ChannelsTV]
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About this article
- Length
- 16 words · 1 min read
- Published
- October 26, 2026
- Byline
- Ayodeji Adegboyega
- Source
- Business Insider