Savannah Clinker Offers Unmatched Value to Bamburi Cement Shareholders

Savannah Clinker Ltd., a proudly Kenyan company, is spearheading one of the most significant corporate acquisitions in the history of the Nairobi Securities Exchange (NSE).

With its bid to acquire Bamburi Cement, Savannah Clinker is offering not just a better deal for shareholders but also a strategic boost to Kenya’s economy, backed by foreign direct investment from the globally renowned Global Infrastructure Finance & Development Authority.

This acquisition, valued at over KES 30 billion, represents a historic moment for Kenya’s capital markets. Savannah Clinker has outshone its competitors by proposing a markup of over 20% on the rival offers, ensuring that Bamburi Cement shareholders—particularly the over 4,000 small investors listed on the NSE—receive unparalleled value for their shares.

Importantly, Savannah Clinker has committed to retaining Bamburi Cement’s NSE listing, preserving the accessibility and liquidity of this crucial stock for Kenyan investors.

Why Savannah Clinker’s Offer is Better for Shareholders

Savannah Clinker is not just another bidder; it is the right bidder for Bamburi Cement. The company is offering:

1. A 20% Premium: Savannah’s offer gives Bamburi shareholders a remarkable 20% markup on the competing bid, demonstrating its commitment to delivering value to investors.
2. Faster Payouts: With strong financial backing, Savannah is ready to finalize the transaction by February next year, ensuring shareholders can access their returns sooner than anticipated.
3. Enhanced Liquidity: By maintaining Bamburi Cement’s NSE listing, Savannah protects shareholder interests and fosters continued market activity.

Driving Economic Growth with Foreign Investment

Savannah Clinker’s acquisition bid is not merely a business transaction; it’s a gateway to transformative economic impact:

• Substantial Foreign Direct Investment (FDI): The deal will inject over KES 30 billion into Kenya’s economy, signaling global investor confidence in the country’s business environment.
• Local Capital Preservation: Savannah’s reliance on international financing ensures that local banks retain resources for lending to small and medium-sized enterprises, fostering broader economic growth.
• Strategic Partnerships: The involvement of the Global Infrastructure Finance & Development Authority brings expertise, resources, and international credibility to Kenya’s infrastructure development sector.

A Transparent, Lawful Process

The Capital Markets Authority (CMA) has closely overseen the acquisition process, ensuring full compliance with Kenyan laws and safeguarding shareholder interests. The CMA’s independent oversight guarantees that the Savannah Clinker bid is conducted transparently and adheres to the highest governance standards.

A Milestone for the NSE and Kenya’s Investment Landscape

This acquisition marks the largest investment opportunity ever seen on the NSE, setting a new precedent for foreign-backed deals in Kenya.

Savannah Clinker’s commitment to keeping Bamburi Cement locally anchored while bringing in significant international capital underscores its dedication to national development.

An Opportunity for Shareholders and Kenya

Savannah Clinker’s offer is a win-win for all stakeholders. Shareholders benefit from a superior financial proposition, expedited payouts, and continued NSE listing.

Kenya gains a strong, locally rooted organization with global backing, paving the way for enhanced infrastructure development and economic resilience.

Savannah Clinker’s bid is more than an acquisition; it is a promise to build a stronger Kenya while delivering immediate and long-term value to Bamburi Cement shareholders. This is a rare opportunity to combine national pride with global ambition—an opportunity shareholders cannot afford to miss.