Oman's Raysut Cement seeks to buy ARM for Sh10 billion
Raysut Cement Company, Oman's largest cement maker, has made an offer to buy struggling Kenyan cement firm ARM for Sh10.2 billion as part of its ambitious plan to become a key player in the East African cement business. The bid, if successful, will help the company to become a manufacturer of cement in Kenya, a shift from its present status ...