Takeover
Court Lifts Block on EABL Sale, Paving Way for Asahi Takeover
A planned multibillion-shilling takeover of East African Breweries PLC (EABL) has been given the green light after the High Court threw out a...
SABRINA BT2 Mins read
Kenyan Billionaire Offers Higher Bid in Battle for Bamburi Cement
Savannah Clinker Ltd (SCL), a Kenyan building and construction sector company, has placed a sweet counter-offer bid to acquire up to 100% of...
KALU MENGO3 Mins read
NSE Delists KenolKobil Following Takeover by French Firm
KenolKobil has now been delisted from the Nairobi Securities Exchange (NSE) following the acquisition by Rubis Énergie. In a public notice, the acquisition...
BT Reporter1 Mins read
Seaboard executes Plan B in Unga Group bid
It's down, but not out yet. After failing to buy out the three quarters of minority shareholders in Unga Group Plc, US conglomerate...
Mike Njoroge1 Mins read
Seaboard upbeat on Unga buyout
Seaboard Corporation is confident that its offer to buy the minority shares in Unga Plc with the objective of eventual delisting of Unga...
BT Reporter2 Mins read
Unga Group to be delisted after Sh1.4bn takeover
Unga Group will be delisted from the Nairobi Securities Exchange if the takeover bid by Seaboard of the US goes through. If the...
BT Correspondent4 Mins read
KCB could cough up Sh40bn in NBK takeover bid
KCB Group could be required to inject as much as Sh40 billion into troubled State lender National Bank of Kenya (NBK) to plug...
BUSINESS DAILY2 Mins read
