Tuesday, July 1, 2014

Britam to Buy Equity’s Stake in Housing Finance

British-American Investments Kenya’s biggest publicly traded money manager, said it plans to buy Equity Bank Ltd.’s stake in Housing Finance Ltd. to help the mortgage lender expand its business. The Nairobi-based company will pay a 10 percent premium on the 90-day volume-weighted average price of Housing Finance’s stock preceding the share-sale agreement, it said in […]

Read more here Capital Business