Savannah Clinker has increased its proposed price for takeover of listed cement manufacturer Bamburi by 9.3 percent from $0.54 (Ksh70) to $0.59 (Ksh76.55), in a heated race to acquire the company. In a circular from the Nairobi Securities Exchange (NSE), Bamburi Cement PLC has revealed to its shareholders of the new price change which could…...
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Kenya: Cement Manufacturer Savannah ups price takeover of Bamburi by 9.3 percent
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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