Savannah Clinker has stepped into the acquisition battle for Bamburi Cement with a substantial $197.2 million counter-bid. This move comes shortly after Bamburi Cement, Kenya’s largest cement manufacturer, had already agreed to an acquisition proposal from Tanzania’s Amsons Group. Offering $0.54 per share, Savannah Clinker’s bid represents a significant 53.34% premium over the current share … Continue reading Savannah Clinker proposes $197.2 million takeover bid for Bamburi Cement