 Mr Ntalami said the approval of the takeover deal was likely to set a bad precedent that would plunge future takeovers of listed companies into chaos.The protracted takeover saga, that has seen the two counters suspended for over four(4) years was resolved in November 2009, as trading in carbon dioxide manufacturer Carbacid shares resumed after suspension since 2005.On 11 September 2006 the Nairobi Stock Exchange migrated from the hitherto Open Outcry system to the Automated Trading System (ATS), an electronic trading platform.