Savannah Clinker’s Historic Bid Offers Unmatched Value to Bamburi Cement Shareholders

Savannah Clinker Ltd., a Kenyan company, is spearheading one of the largest corporate acquisitions in the history of the Nairobi Securities Exchange (NSE) with a KES 30 billion bid to acquire Bamburi Cement.

This move not only represents a monumental financial transaction but also highlights Kenya’s growing appeal as an investment destination, bolstered by foreign direct investment from the globally renowned Global Infrastructure Finance & Development Authority.

Savannah Clinker’s proposal has outperformed its competitors by offering a 20 percent premium on Bamburi Cement shares, ensuring remarkable returns for shareholders, including the over 4,000 small investors listed on the NSE.

To further safeguard investor interests, Savannah has committed to retaining Bamburi Cement’s NSE listing, preserving both liquidity and accessibility for local shareholders.

The benefits of this offer extend beyond financial gains.

Shareholders will enjoy a substantial 20 percent markup on rival offers, underlining Savannah’s dedication to maximizing investor returns.

Moreover, with strong financial backing, Savannah is prepared to finalize the transaction by February 2025, ensuring shareholders receive their payouts swiftly.

By maintaining Bamburi Cement’s presence on the NSE, the company also ensures active trading and sustained market activity, offering long-term advantages for investors.

The acquisition is also set to drive transformative economic growth for Kenya. With an injection of over KES 30 billion in foreign direct investment, Savannah’s bid reinforces global confidence in Kenya’s business environment.

Furthermore, the use of international financing ensures that local banks can focus their resources on funding small and medium-sized enterprises, spurring broader economic development.

The involvement of the Global Infrastructure Finance & Development Authority brings not only financial resources but also international expertise and credibility to Kenya’s infrastructure development sector.

The Capital Markets Authority (CMA) has been closely overseeing the acquisition process to ensure full compliance with Kenyan laws and the highest standards of governance.

This regulatory oversight guarantees that the transaction is conducted transparently, safeguarding the interests of all stakeholders involved.

Savannah Clinker’s bid is being hailed as a groundbreaking moment for Kenya’s capital markets, setting a new precedent for foreign-backed deals in the country.

By keeping Bamburi Cement locally rooted while infusing substantial international capital, Savannah Clinker is demonstrating its commitment to fostering national development.

This acquisition offers a win-win scenario for both shareholders and the Kenyan economy. Shareholders will benefit from superior financial returns, expedited payouts, and the continued accessibility of Bamburi Cement shares on the NSE.

For Kenya, the deal signals enhanced infrastructure development and long-term economic resilience, fueled by strategic global partnerships.

Savannah Clinker’s offer is not just an acquisition; it is a promise to build a stronger Kenya while delivering unparalleled value to Bamburi Cement shareholders.

This rare opportunity combines national pride with global ambition, presenting a proposition that shareholders and the country alike cannot afford to overlook.