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 Reporter2 Mins read
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. In a regulatory notice published...
BT Reporter1 Mins read
Jubilee Insurance Set To Change Name After Acquisition By Allianz
Jubilee Insurance: Allianz, one of the world’s leading insurers and asset managers, has become the majority shareholder in Jubilee General Insurance Limited in...
BT Reporter2 Mins read
KCB Group Acquisition of National Bank Gets Central Bank Nod
The Central Bank of Kenya has approved the acquisition of 100% shareholding in National Bank of Kenya (NBK) by KCB Group. In a...
ERIC ORENGE2 Mins read
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 Reporter1 Mins read
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 Reporter2 Mins read
KenolKobil set for another takeover bid?
A series of events at oil firm KenolKobil over the past one year have fueled speculation that the oil firm could be grooming...
BT Correspondent1 Mins read
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 Reporter1 Mins read
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 Reporter2 Mins read
