Independent Advisor Circular 23 October 2024
Independent Advisor Circular 23 October 2024
Report Summary
Standard Investment Bank Limited (SIB) presents its independent fairness opinion on the proposed takeover offer for Bamburi Cement Plc by Amsons Industries (K) Limited and a competing offer by Savanna Clinker Limited. This assessment concerns the financial adequacy of both offers for the acquisition of 100% of Bamburi Cement's remaining ordinary shares. The Capital Markets Authority has approved the compliance of this Independent Advisor's Circular.