Topic: Bamburi Cement
Tanzanian Firm Wins Mining Approval For Bamburi Cement Buyout
Tanzanian manufacturing and energy conglomerate Amsons Group has received a green light from Kenya's Ministry of Mining to proceed with its proposed acquisition of Bamburi Cement.
Tanzanian manufacturing and energy conglomerate Amsons Group has received a green light from Kenya's Ministry of Mining to proceed with its proposed acquisition of Bamburi Cement.
COMESA Approves Amsons Group’s Bid To Acquire Bamburi Cement
Amsons Group, a Tanzanian conglomerate, made a binding offer in July to acquire up to 100 percent of Bamburi Cement through its Kenyan subsidiary, AMSONS Industries Limited
Amsons Group, a Tanzanian conglomerate, made a binding offer in July to acquire up to 100 percent of Bamburi Cement through its Kenyan subsidiary, AMSONS Industries Limited
Savannah Clinker Increases Bamburi Cement Takeover Offer By Kes2.38B
He had initially offered Kes 25.4 billion for the cement firm’s 362.96 million issued shares at Kes 70 each.
He had initially offered Kes 25.4 billion for the cement firm’s 362.96 million issued shares at Kes 70 each.
Holcim Suspends Bamburi Cement Sale Agreement With Amsons Group
The two companies initially signed an irrevocable sale agreement in July, effectively barring third-party bids.
The two companies initially signed an irrevocable sale agreement in July, effectively barring third-party bids.
Amsons Group Unveils Over Kes23.5B Bid To Acquire Bamburi Cement
Amsons Group intends to invest over Kes 23.5 billion to gain up to 100 percent ownership of Bamburi at an offer price of Kes 65 per share
Amsons Group intends to invest over Kes 23.5 billion to gain up to 100 percent ownership of Bamburi at an offer price of Kes 65 per share
Two Arrested For Impersonating EACC Officers In Bamburi, Mombasa County
Two individuals were arrested in Mombasa County by Ethics and Anti-Corruption Commission (EACC) officers for allegedly impersonating Kenya Bureau of Standards (KEBS) officials.
Two individuals were arrested in Mombasa County by Ethics and Anti-Corruption Commission (EACC) officers for allegedly impersonating Kenya Bureau of Standards (KEBS) officials.
Bamburi Cement Confirms Receiving Kes 25.4B Takeover Offer From Savannah Clinker Limited
The Bamburi Cement Board of Directors confirmed receiving a Competing Offeror’s Statement from SCL for a Kes 70 cash consideration for each ordinary share of the cement manufacturing company.
The Bamburi Cement Board of Directors confirmed receiving a Competing Offeror’s Statement from SCL for a Kes 70 cash consideration for each ordinary share of the cement manufacturing company.
Mombasa Cement CEO Hamukh Patel Cremated After City Procession
The late Mombasa Cement CEO Hasmukh Patel was on Sunday afternoon cremated at the Hindu Crematorium in Mombasa after he passed away following a short illness.
The late Mombasa Cement CEO Hasmukh Patel was on Sunday afternoon cremated at the Hindu Crematorium in Mombasa after he passed away following a short illness.
Mombasa Cement Chief Executive Officer Hasmukh Patel Dies
His body has been moved to Pandya Memorial Hospital, Mombasa.
His body has been moved to Pandya Memorial Hospital, Mombasa.
Savannah Clinker Bids Kes 25B To Acquire Bamburi Cement
Savannah Clinker says it will seek to retain Bamburi PLC, listed at the Nairobi bourse, with up to 40% of its shares available for investors and maintain existing contractual and statutory employment rights.
Savannah Clinker says it will seek to retain Bamburi PLC, listed at the Nairobi bourse, with up to 40% of its shares available for investors and maintain existing contractual and statutory employment rights.
Amsons Industries Bids Kes 23.2B To Acquire Bamburi Cement
Amsons Industries indicated that the deal would involve acquiring up to 100 percent of the shares in Bamburi for Kes 65 per share.
Amsons Industries indicated that the deal would involve acquiring up to 100 percent of the shares in Bamburi for Kes 65 per share.
Cemtech Ltd Seeks NEMA's Approval To Set Up Plant In Kitui
Cemtech Limited has sought National Environment Management Authority (NEMA) approval to construct a clinker factory in Kitui County.
Cemtech Limited has sought National Environment Management Authority (NEMA) approval to construct a clinker factory in Kitui County.
Bamburi Completes 70% Sale In Uganda’s Hima Cement
NSE has announced that Bamburi Cement has finalized selling its 70 percent shares in Hima Cement Limited to Sarrai Group Limited and Rwimi Holdings Limited.
NSE has announced that Bamburi Cement has finalized selling its 70 percent shares in Hima Cement Limited to Sarrai Group Limited and Rwimi Holdings Limited.
After MAMBO NI MATATU Condition Billionaire Rai Has Moved His Cement Factory
In a substantial Ksh 18 billion deal, the Sarrai Group, led by billionaire Sarbjit Singh Rai, has achieved a significant breakthrough in the cement industry
In a substantial Ksh 18 billion deal, the Sarrai Group, led by billionaire Sarbjit Singh Rai, has achieved a significant breakthrough in the cement industry
Bamburi Sells Ugandan Unit To Sarrai Group For Kes 18.3B
Bamburi Cement has sold its Ugandan business to Sarrai Group for Sh18.3 billion, following board approval to sell its stake in Hima Cement Limited.
Bamburi Cement has sold its Ugandan business to Sarrai Group for Sh18.3 billion, following board approval to sell its stake in Hima Cement Limited.
Portland Cement Increases Cement Prices By Kes 20 Per Bag
The East African Portland Cement has increased cement prices by Kes 20 per bag, citing an increase in the costs of raw materials and overhead.
The East African Portland Cement has increased cement prices by Kes 20 per bag, citing an increase in the costs of raw materials and overhead.
Bamburi Cement Gross Profit Increases To Kes 621 Million
Bamburi Cement has recorded a Kes 621 million gross profit increase in the six months ending June 2023 compared to Kes 124 million recorded in a similar period in 2022.
Bamburi Cement has recorded a Kes 621 million gross profit increase in the six months ending June 2023 compared to Kes 124 million recorded in a similar period in 2022.
Bamburi Cement, Isuzu Partner To Train Female Truck Drivers
Over thirty women have benefitted from a partnership between ISUZU East Africa and cement manufacturer Bamburi in an initiative dubbed ‘Women on Wheels’.
Over thirty women have benefitted from a partnership between ISUZU East Africa and cement manufacturer Bamburi in an initiative dubbed ‘Women on Wheels’.
Bamburi Cement To Open A New Mine Factory In Kwale
Bamburi Cement Ltd will es a new mine factory in Kwale County as demand for cement increases.
Bamburi Cement Ltd will es a new mine factory in Kwale County as demand for cement increases.
