×

Amsons Group to squeeze out Bamburi minority shareholders

Bamburi Cement Ltd Trucks collects cement from a Silo, a storage facility in Industrial area, Nairobi. [File, Standard]

Tanzania’s Amsons Group has extended its offer to buy out the minority shareholders of Bamburi Cement who declined to take up its earlier offer in which it acquired a 96.5 per cent stake in the cement producer. 

The firm, which has interests in manufacturing and energy, sought to buy the entire stake from different Bamburi Cement shareholders.

Play Your Part — Support Independent Journalism in Kenya with Your Subscription
Get Trusted News for Only Ksh99 a Week

Subscribe Today & Save!

  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
Already a subscriber? Log in