Savannah Clinker Outbids Tanzanian Rival in Ksh 25.4 Billion Takeover Offer for Bamburi Cement
Savannah Clinker Limited (SCL), a prominent player in Kenya’s building and construction sector, has shaken up the cement industry with a bold move to acquire up to 100% of the issued ordinary shares in Bamburi Cement Plc. The local firm, wholly owned by seasoned entrepreneur Benson Sande Ndeta, has tabled a counter-offer worth Kshs 25.4 […]