Kalahari Cement, a locally incorporated investment firm, has announced the sealing of a share purchase agreement (SPA) to acquire a further 27% equity stake in the East African Portland Cement Plc (EAPC), valued at Kshs 1.6 billion, from the National Social Security Fund (NSSF). In a public notice published today, Kalahari Cement confirmed that it […]
Kalahari Cement, a locally incorporated investment firm, has successfully completed its bid to acquire an equity stake in East African Portland Cement Plc (EAPC) as part of a strategic long-term investment plan geared at advancing the national industrialization and development agenda. The completion of the sale, as a private transaction, follows the signing of a […]