Bowmans advised Plum LLP in relation to the acquisition of a 23.34% stake in Britam Holdings Limited (Britam) from Britam’s single largest shareholder, British-American (Kenya) Holdings Limited, a company registered in Bahamas. Bowmans acted as legal adviser on the transaction. This involved advising on the structure of the project, drafting and negotiating project documentation, facilitating engagement with the relevant the authorities. The value of the matter was quite a significant amount and the transaction involved a global organisation. Through this transaction, Plum LLP together with associated persons and related companies will control 38.54% of the total issued ordinary shares of Britam.