Acquisition
Silent Acquisition Set to Shake Kenya’s Stationery Business
The Competition Authority of Kenya has approved the proposed acquisition of the business and assets of Economic Industries Limited by Kenafric Manufacturing Limited...
BT Reporter
Bamburi Cement Shareholders Seal Ksh22.5B Buyout
Amsons Group, the pan-African manufacturing and energy conglomerate, has finally sealed the takeover offer of Bamburi Cement Plc.
BT Reporter
Jubilee Insurance Set To Change Name After Acquisition By Allianz
The acquisition, announced on 4th May 2021, follows the execution of an agreement signed on September 29, 2020, whereby Allianz agreed to acquire...
BT Reporter
KCB Group Acquisition of National Bank Gets Central Bank Nod
Apex bank says the move will strengthen both institutions leveraging on their respective well-established domestic and regional corporate, public sector and retail franchises
ERIC ORENGE
NBK gives shareholders last chance on KCB takeover
National Bank of Kenya (NBK) has issued an advisory circular to all its shareholders on the bid by Kenya Commercial Bank (KCB) for...
BT Reporter
UK firm bids to acquire Kenya’s Comarco for Sh3b
UK-based Anglo African Agriculture (AAA) has announced plans to acquire the entire issued share capital of a number of companies within Kenyan marine...
BT Reporter
KenolKobil set for another takeover bid?
Oil company has been restructuring its management and operations over the past one year
BT Correspondent
Norfolk parent firm swallows Tune Hotel in buyout deal
AccorHotel’s has signed a management agreement to operate the Tune Hotel in Westlands, Nairobi. The agreement, viewed as an important step for AccorHotel’s...
BT Reporter
Mauritian bank to inject Sh2bn into Fidelity after acquisition
SBM Holdings Ltd (SBM Group) ofMauritius has concluded the acquisition of Fidelity Commercial Bank in Kenya through its subsidiary SBM Africa Holdings Ltd, marking...
BT Reporter
