Tanzanian conglomerate Amsons Group on Tuesday, December 17, took possession of the first batch of Bamburi Cement shares worth Sh162.16 billion, as it pushes for a full buyout of the Nairobi bourse-listed company.
The Bamburi counter saw 137.06 million shares—equivalent to 38 percent of the company’s 362.9 million issued shares—change hands at the Nairobi Securities Exchange (NSE) in block trades that were priced at Sh1,184.33 each.
