Bamburi Cement Positions for Additional Gain in Uganda Unit Sale

UGANDA, Kampala | Real Muloodi News | Bamburi Cement anticipates an extra payout beyond the initial $84 million consideration from the sale of a 70% stake in Uganda’s Hima Cement. This additional payment, termed an Earn-Out Amount, hinges on Hima’s financial performance post-transaction, specifically if its earnings before interest, taxes, depreciation, and amortisation (EBITDA) for … Continue reading Bamburi Cement Positions for Additional Gain in Uganda Unit Sale