Bamburi Cement shareholders are poised to benefit from Savannah Clinker Limited’s takeover bid, which promises immediate financial rewards and long-term growth prospects.
Savannah’s offer of Kshs 76.55 per share is not only the highest on the table but also ensures timely payments, with shareholders set to receive their funds by December 2024.
This competitive bid reflects Savannah’s strategic commitment to enhancing Bamburi’s value while retaining its public trading status on the Nairobi Securities Exchange (NSE).
The other bidder to fully acquire Bamburi Cement is AMSON Group, which has proposed a lower offer price of Kshs 65 per share.
Savannah’s take-over bid safeguards shareholders’ ability to participate in future market opportunities by a promise not to delist the cement maker from the NSE.
Savannah’s focus on creating immediate and sustainable value makes its offer the clear choice for shareholders seeking financial security and market growth.
With the acquisition set to redefine the cement industry, Bamburi shareholders stand to gain both immediate financial windfalls and long-term benefits.
