is also seeking consensus with Bamburi Cement Limited following the loss of profit due to what it terms as a breach of contract for quarry services entered into on February 1, 2017. A suit filed ...
So far, Bamburi Cement has mined quarries located in Bamburi, Vipingo and Kikambala. With the reserve land left thus far, Bamburi has the capacity of sustaining its mining business for at least 60 ...
Tanzanian conglomerate Amsons Group yesterday took possession of the first batch of Bamburi Cement shares worth Sh8.9 billion, as it pushes for a full buyout of the Nairobi bourse listed company.
In July 2024, the Kenyan division of Amsons put up a mandatory offer to buy out the Bamburi Cement plant from Holcim. Amsons Group is engaged in the production of cement and the supply of building ...
Savannah Clinker Limited entered the race to acquire Bamburi Cement Limited with a bid of KSh 70 per share, which is the highest The company owner, Benson Ndeta, the former CEO of Savannah Cement ...
Bamburi Cement's shareholders have approved a KSh 23.2 billion sale of the firm to Amsons Industries (K) Ltd, a subsidiary of Tanzanian conglomerate Amsons Group. Amsons Industries (K) Ltd, owned by ...
Bamburi Cement’s share price has fallen 21.5 percent below the price offered by Tanzanian conglomerate Amsons Group, in its bid for the company, widening the foregone gains for shareholders who ...