Home Business Britam Holdings to sell HF stake to a big bank

Britam Holdings to sell HF stake to a big bank

britam tower, britam kenya
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Business Daily | by Victor Juma


Insurance group Britam Holdings plans to sell part of its 48.2 percent stake in mortgage financier HF Group to one of the country’s big banks as part of a review of its investment portfolio.

A director of Britam, which last week scrapped nine top executive positions, told Business Daily that a transaction adviser has been hired to guide the process, which is expected to be completed by the end of the year…

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