Bamburi Cement’s share price has fallen 21.5 percent below the price offered by Tanzanian conglomerate Amsons Group, in its bid for the company, widening the foregone gains for shareholders who have opted not to participate in the offer.
Amsons, which was left as the sole bidder for the cement firm after the withdrawal of Kenyan firm Savannah Clinker last week, will pay those taking up its offer at Sh65 per share.
