Kenya's cement industry is poised for a significant shift as a Tanzanian tycoon plans to acquire a major stake in East African Portland Cement Company Ltd (EAPCC).

• The offer involves acquiring a 29.2 per cent stake.
• The acquirer is Edha Abdallah Munif, owner of Amsons Group, through his firm Kalahari Cement.
• The stake is currently held by Swiss firm Holcim and is valued at Sh27.30 per share.