Kenya: Kalahari Cement Acquires Sh1.6bn East African Portland Cement Stake From NSSF

Kenya: Kalahari Cement Acquires Sh1.6bn East African Portland Cement Stake From NSSF

Nairobi -- Kalahari Cement has acquired a 27 percent equity stake in East African Portland Cement (EAPC) from the National Social Security Fund (NSSF).

Tanzanian Tycoon Moves To Acquire 24.3M Shares In Portland Cement

The Kenya Times ~ Trending, Breaking News and Videos Tanzanian Tycoon Moves to Acquire 24.3M Shares in Portland Cement Tanzanian tycoon Edhah Abdallah Munif, through his company Kalahari Cement Limited, has announced that it has entered into a binding share purchase agreement (SPA) with the National Social Security Fund (NSSF) to acquire 24.3 million ordinary shares in East African Portland Cement Plc (EAPC). This deal is valued at Ksh 1.6 billi…

NSSF to Sell 27% Stake in EAPC to Kalahari Cement

The National Social Security Fund (NSSF) has signed a Kes 1.6 billion share purchase agreement with Kalahari Cement, ceding a 27% stake in East African Portland Cement Plc (EAPC). Under the agreement, Kalahari Cement will acquire 24.3 million ordinary shares at Kes 66 per share, subject to regulatory approvals. Strategic Investment The transaction will give [...] The post NSSF to Sell 27% Stake in EAPC to Kalahari Cement appeared first on Khusok…