Kenya attracted attention in 2024, drawing multinational expansions, including Starlink, JP Morgan, and Microsoft and selling ...
Bamburi Cement's shareholders have approved a KSh23.2 billion (about Tsh459 billion) sale of the firm to Amsons Industries (K ...
Tanzania's Amsons Group has acquired 96% of Bamburi Cement, one of Kenya’s largest cement manufacturers, in a landmark deal ...
Amson Group has announced plans to diversify its operations beyond cement in Kenya after completing its acquisition of ...
Holcim has closed the divestment of its business in Kenya through a sale to Amsons Group of its entire 58.6% stake in Bamburi Cement Limited, resulting in cash proceeds of more than USD 100 million ...
Amsons Group, a leading pan-African manufacturing and energy conglomerate, has closed the takeover offer of Bamburi Cement ...
The total shares transferred so far are therefore valued at Sh22.74 billion as per the buyout price of Sh65 per share.
The cement firm accounted for 95 percent of the NSE’s turnover of Sh170.91 billion, and 78 percent of the 174.6 million ...