Kalahari Cement to Acquire 28.2% Stake in EAPC in KSh 717M Deal
Summary by khusoko.com
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Kalahari Cement to Acquire 28.2% Stake in EAPC in KSh 717M Deal
Kalahari Cement Limited has signed binding agreements to acquire a combined 28.2% stake in East African Portland Cement Plc ($PORT), purchasing shares from Associated International Cement Ltd (14.6%) and Cementia Holding AG (13.6%). The acquisition covers 26.3 million shares at KES 27.30 per share, valuing the transaction at approximately KSh 717 million. This represents a [...] The post Kalahari Cement to Acquire 28.2% Stake in EAPC in KSh 717M…
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