Monday, July 4, 2011

British American Insurance to list at Nairobi Stock Ex

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By Patrick Kagenda

British American Investment Company the holding company of British American Insurance Company (Kenya), British American Asset Managers Ltd and Britam Insurance
Company (Uganda) Ltd are slated to list at the Nairobi Stock Exchange (NSE). The
Initial Public Offer (IPO) is expected to open on July 12, and close on August 5.

The company expects to raise K Shs 5.85 billion to support ts local and regional expansion drive in Kenya, Uganda, Tanzania, Rwanda, Burundi and

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