Cement maker ARM's employees buy 15 per cent stake in company

Pradeep Paunrana, ARM chief executive officer. FILE PHOTO | NMG

Cement maker #ticker:ARM 's workers have acquired a 15 per cent stake in the company, making it one of the public listed firms with the largest employee ownership in Kenya.

The company’s latest financial statement shows that the employees acquired the stake worth Sh2.8 billion last year when the cement maker also added the UK’s CDC Group to its list of shareholders.

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