Egyptian billionaire Nassef Sawiris lifts his OCI stake to 57.5% in takeover push
Nassef Sawiris bought a further 320,708 OCI shares on Wednesday, taking his combined holding to 57.5% as his takeover offer proceeds.
Mergers and Acquisitions
Kenyan politician Musalia Mudavadi is paying $29 million to buy back insurers he sold Barclays
An investment firm linked to Kenya's Prime Cabinet Secretary Musalia Mudavadi is buying Absa's stakes in two insurers for at least $29 million.
Indian billionaire Ravi Jaipuria's Varun Beverages enters Kenya with $32 million dairy deal
Ravi Jaipuria's Varun Beverages is entering Kenya with a $32 million deal for the dairy, juice and water business of a family-owned company.