Britam offloads Sh852m stake in Equity Bank

britam tower, britam kenya


Business Daily | by Victor Juma


Insurance group Britam has sold an additional 20.1 million shares of Equity Group with a market value of Sh852 million, cutting its ownership in the country’s most profitable lender to a new low of 6.77 per cent in the year ended December.

Britam has been reducing the concentration of its investment in the institution which…

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