Wazua
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Britam 2021-2025
Rank: Elder Joined: 2/8/2013 Posts: 4,068 Location: At Large.
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They said he got an irresistable offer. However me thinks power games at the top could uave played a role. Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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Rank: Member Joined: 11/10/2010 Posts: 281 Location: Nairobi
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I think he was in to clean the house and leave it leaner and for someone else to handle the cooling of after massive layoffs. Then he goes off to an already profitable firm. https://www.businesslive...a-as-its-new-group-ceo/ Hi game ya CEO ni kama player transfer.
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Rank: Elder Joined: 12/4/2009 Posts: 10,810 Location: NAIROBI
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Bigchick wrote:They said he got an irresistable offer.
However me thinks power games at the top could uave played a role.
He got an irresistible offer from Santam in South Africa. Santam is a much bigger company and is the general insurance arm of Sanlam. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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https://khusoko.com/2021/12/26/ifc-to-buy-4-2-stake-in-britam-from-equity-group-holdings/International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group, is set to buy a stake in Britam through a share purchase agreement. IFC which is already a significant shareholder in Britam with an 8.8 % stake in Britam, intends to acquire an additional 4.201% equity (158, 540,750 shares) held by Britam in Equity Holdings. The capital gains from the transaction are aimed at boosting Britam’s cash flow and profit. “The proposed subscription is subject to conditions that are customary to transactions of this nature, including receipt of shareholders’ approval and regulatory approvals,” Britam said in a statement. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 12/4/2009 Posts: 10,810 Location: NAIROBI
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littledove wrote:https://khusoko.com/2021/12/26/ifc-to-buy-4-2-stake-in-britam-from-equity-group-holdings/International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group, is set to buy a stake in Britam through a share purchase agreement. IFC which is already a significant shareholder in Britam with an 8.8 % stake in Britam, intends to acquire an additional 4.201% equity (158, 540,750 shares) held by Britam in Equity Holdings. The capital gains from the transaction are aimed at boosting Britam’s cash flow and profit. “The proposed subscription is subject to conditions that are customary to transactions of this nature, including receipt of shareholders’ approval and regulatory approvals,” Britam said in a statement. They got a buyer who will buy their stake in Equity holdings in one block instead of multiple trades in the NSE. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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Ericsson wrote:littledove wrote:https://khusoko.com/2021/12/26/ifc-to-buy-4-2-stake-in-britam-from-equity-group-holdings/International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group, is set to buy a stake in Britam through a share purchase agreement. IFC which is already a significant shareholder in Britam with an 8.8 % stake in Britam, intends to acquire an additional 4.201% equity (158, 540,750 shares) held by Britam in Equity Holdings. The capital gains from the transaction are aimed at boosting Britam’s cash flow and profit. “The proposed subscription is subject to conditions that are customary to transactions of this nature, including receipt of shareholders’ approval and regulatory approvals,” Britam said in a statement. They got a buyer who will buy their stake in Equity holdings in one block instead of multiple trades in the NSE. They have decided to do it the centum way "sell the golden goose" There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Veteran Joined: 6/2/2010 Posts: 1,091
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littledove wrote:Ericsson wrote:littledove wrote:https://khusoko.com/2021/12/26/ifc-to-buy-4-2-stake-in-britam-from-equity-group-holdings/International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group, is set to buy a stake in Britam through a share purchase agreement. IFC which is already a significant shareholder in Britam with an 8.8 % stake in Britam, intends to acquire an additional 4.201% equity (158, 540,750 shares) held by Britam in Equity Holdings. The capital gains from the transaction are aimed at boosting Britam’s cash flow and profit. “The proposed subscription is subject to conditions that are customary to transactions of this nature, including receipt of shareholders’ approval and regulatory approvals,” Britam said in a statement. They got a buyer who will buy their stake in Equity holdings in one block instead of multiple trades in the NSE. They have decided to do it the centum way "sell the golden goose" Sometimes your hand is forced, in that you can easier sell what buyers want. Rather than what you want to sell.
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Rank: Elder Joined: 12/4/2009 Posts: 10,810 Location: NAIROBI
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littledove wrote:Ericsson wrote:littledove wrote:https://khusoko.com/2021/12/26/ifc-to-buy-4-2-stake-in-britam-from-equity-group-holdings/International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group, is set to buy a stake in Britam through a share purchase agreement. IFC which is already a significant shareholder in Britam with an 8.8 % stake in Britam, intends to acquire an additional 4.201% equity (158, 540,750 shares) held by Britam in Equity Holdings. The capital gains from the transaction are aimed at boosting Britam’s cash flow and profit. “The proposed subscription is subject to conditions that are customary to transactions of this nature, including receipt of shareholders’ approval and regulatory approvals,” Britam said in a statement. They got a buyer who will buy their stake in Equity holdings in one block instead of multiple trades in the NSE. They have decided to do it the centum way "sell the golden goose" The golden goose wasn't laying eggs. It has not been giving dividend,yet the nature of Britam's investment,it requires investment that give back cash returns. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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