Bamburi Cement shareholders have seven days to see if Tanzanian conglomerate Amsons Group will raise its bid for the company after its offer was surpassed by rival Savannah Clinker.
Amsons initiated the buyout of Bamburi with an offer of Sh65 per share, sparking a rival bid by Savannah of Sh70 per share, which it later enhanced to Sh76.55.
