Prime

Britam share gains on IFC stake plan

Britam’s share gained 26 per cent Tuesday on the back of news that the International Finance Corporation (IFC) is set to take up a 10.37 per cent stake in the insurer in a Sh3.5 billion deal.

Britam closed the day at Sh12.60 after opening the first trading session of 2017 at Sh10 per share, making it the best performer of the day.

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Note: The results are not exact but very close to the actual.

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