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    Friday, April 4

    Kenya’s Savannah Clinker outbids tanzania’s Amsons for Bamburi ownership

    Muthoga MunganiaBy Industry No Comments2 Mins Read

    Kenya’s cement manufacturer Savannah Clinker Limited has made a counter-offer against Tanzania’s Amsons Group to acquire Bamburi Cement Plc. The company is offering to buy Bamburi’s shares at $0.54 per piece against Amson’s $0.50, starting a bidding war for the cement manufacturer. Savannah Clinker Limited has sweetened the deal by adding that it does not...

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    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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