Jimnah Mbaru bags Sh425m in Britam share sale

Chairman Occidental Insurance Company Limited (OIC) Jimnah Mbaru speaking to the Media at the new Kisumu Office immediately after he Cut the tap to open the office at the Turf Mall building in Kisumu on 21-5-2017 [Phillip Orwa, Standard]

Businessman, Jimnah Mbaru, has sold 50 million shares in Britam Holdings to Swiss Re in a private transaction.

The shares are worth Sh425 million going by the current share price of Sh8.50 at the Nairobi Securities Exchange (NSE).