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Tanzanian conglomerate Amsons Group, through its Kenyan subsidiary Amsons Industries (K) Ltd, announced plans to acquire a 100% stake in Kenya's Bamburi Cement PLC for $180 million, at 65 Kenyan shillings per share.
Holcim signed an agreement to sell its 65% participation in Mbeya Cement Company Ltd in Tanzania to Amsons Group for an undisclosed sum.