Lewis254
JF-Expert Member
- Apr 3, 2017
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mwaka huu huu nakwambia 😂😂😂.
ulitaka nilete ya miaka ishirini iliyopita kama mwenzako?
Cost comparison SGR Kenya vs SGR Tanzania
Cost comparison SGR Kenya vs SGR Tanzania
- Thread starter Geza Ulole
- Start date
ulitaka nilete ya miaka ishirini iliyopita kama mwenzako?
Magonjwa Mtambuka
JF-Expert Member
- Aug 2, 2016
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Wewe kamanda umejaa upuuzi sana. Sijui kama unajua hilo?😁
Lewis254
JF-Expert Member
- Apr 3, 2017
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Ni kama nilijua tu 😁😁😁
By
CORRESPONDENT
Published
7 hours ago
NAIROBI, Kenya, Oct 25 – Holcim, the Swiss majority shareholder in Bamburi Cement, has suspended a sale agreement with Tanzanian firm Amsons Group for its stake in the Kenyan cement company.
The two companies initially signed an irrevocable sale agreement in July, effectively barring third-party bids.
“On October 2, 2024, Amsons mutually agreed with Fincem and Kencem to terminate the irrevocable undertaking entered into on July 10, 2024,” Amsons stated in offer letters, clarifying that Bamburi shareholders are now free to consider other offers.
This comes after entrepreneur Benson Sande Ndeta’s increased takeover offer for Bamburi, which he raised by Sh2.38 billion.
Initially bidding Sh25.4 billion, Ndeta has now raised his offer to Sh76.55 per share, totaling Sh27.7 billion and surpassing Amsons Group’s Sh23 billion bid at Sh65 per share.
Savannah Clinker, founded by Ndeta in 2019, specializes in cement manufacturing and is developing a limestone and clinker processing plant in Kitui County. Meanwhile, Amsons Group has diverse interests in cement, fuel, and transport.
Holcim’s Bamburi stake is held through Fincem Holding Limited and Kencem Holding Limited with about 58.3 percent shares between each.
www.capitalfm.co.ke
Kenya
Holcim halts Bamburi Cement sale deal with Tanzania’s Amsons
By
CORRESPONDENT
Published
7 hours ago
NAIROBI, Kenya, Oct 25 – Holcim, the Swiss majority shareholder in Bamburi Cement, has suspended a sale agreement with Tanzanian firm Amsons Group for its stake in the Kenyan cement company.
The two companies initially signed an irrevocable sale agreement in July, effectively barring third-party bids.
“On October 2, 2024, Amsons mutually agreed with Fincem and Kencem to terminate the irrevocable undertaking entered into on July 10, 2024,” Amsons stated in offer letters, clarifying that Bamburi shareholders are now free to consider other offers.
This comes after entrepreneur Benson Sande Ndeta’s increased takeover offer for Bamburi, which he raised by Sh2.38 billion.
Initially bidding Sh25.4 billion, Ndeta has now raised his offer to Sh76.55 per share, totaling Sh27.7 billion and surpassing Amsons Group’s Sh23 billion bid at Sh65 per share.
Savannah Clinker, founded by Ndeta in 2019, specializes in cement manufacturing and is developing a limestone and clinker processing plant in Kitui County. Meanwhile, Amsons Group has diverse interests in cement, fuel, and transport.
Holcim’s Bamburi stake is held through Fincem Holding Limited and Kencem Holding Limited with about 58.3 percent shares between each.
Holcim halts Bamburi Cement sale deal with Tanzania’s Amsons
NAIROBI, Kenya, Oct 25 - Holcim, the Swiss majority shareholder in Bamburi Cement, has suspended a sale agreement with Tanzanian firm Amsons Group for its Kenya breaking news | Kenya news today |
www.capitalfm.co.ke
Lewis254
JF-Expert Member
- Apr 3, 2017
- 7,729
- 3,569
shukran sana dogo.... huwa sibahatishi 👍
Magonjwa Mtambuka
JF-Expert Member
- Aug 2, 2016
- 32,246
- 31,176
Nafurahi sana pale vijana wadogo kama wewe wanapofikiri mimi ni mdogo wao😎😁
REAL Comrade Kipepe
JF-Expert Member
- Jul 7, 2020
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Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #18,667
Well n good!Ni kama nilijua tu 😁😁😁
Kenya
Holcim halts Bamburi Cement sale deal with Tanzania’s Amsons
By
CORRESPONDENT
Published
7 hours ago
NAIROBI, Kenya, Oct 25 – Holcim, the Swiss majority shareholder in Bamburi Cement, has suspended a sale agreement with Tanzanian firm Amsons Group for its stake in the Kenyan cement company.
The two companies initially signed an irrevocable sale agreement in July, effectively barring third-party bids.
“On October 2, 2024, Amsons mutually agreed with Fincem and Kencem to terminate the irrevocable undertaking entered into on July 10, 2024,” Amsons stated in offer letters, clarifying that Bamburi shareholders are now free to consider other offers.
This comes after entrepreneur Benson Sande Ndeta’s increased takeover offer for Bamburi, which he raised by Sh2.38 billion.
Initially bidding Sh25.4 billion, Ndeta has now raised his offer to Sh76.55 per share, totaling Sh27.7 billion and surpassing Amsons Group’s Sh23 billion bid at Sh65 per share.
Savannah Clinker, founded by Ndeta in 2019, specializes in cement manufacturing and is developing a limestone and clinker processing plant in Kitui County. Meanwhile, Amsons Group has diverse interests in cement, fuel, and transport.
Holcim’s Bamburi stake is held through Fincem Holding Limited and Kencem Holding Limited with about 58.3 percent shares between each.
Holcim halts Bamburi Cement sale deal with Tanzania’s Amsons
NAIROBI, Kenya, Oct 25 - Holcim, the Swiss majority shareholder in Bamburi Cement, has suspended a sale agreement with Tanzanian firm Amsons Group for its Kenya breaking news | Kenya news today |
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #18,671
Usije ukadai KR!
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #18,673
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #18,674
Magonjwa Mtambuka
JF-Expert Member
- Aug 2, 2016
- 32,246
- 31,176
Naona kamanda Lewis254 eti ameanza kushabikia waganda, ha ha ha😁😁
View: https://m.youtube.com/watch?v=LmqfCklGZVM&t=102s
View: https://m.youtube.com/watch?v=LmqfCklGZVM&t=102s