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Britam seeks Sh300m stake in Nigerian firm

Britam building situated at Upper Hill, Nairobi. The firm is eyeing about 30 per cent of Continental Re Kenya Ltd. Photo/FILE

Britam is mulling over acquiring a minority stake in a Nairobi-based reinsurer as part of its diversification strategy.

The Nairobi-bourse listed firm is eyeing about 30 per cent of Continental Re Kenya Ltd, people familiar with the backroom process and who cannot be named given the sensitivity of the matter told the Business Daily.

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