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Britam Kenya Shareholders Approve Acquisition of Real Insurance

Feb. 20 (Bloomberg) -- Co. to fund 99% acquisition through cash payment of 825m shillings, issue of new shares worth 550m shillings, Nairobi-based British-American Investments Co. says in statement in Daily Nation newspaper. * Co. has units in Tanzania, Malawi, Mozambique

To contact the reporter on this story: Charles Wachira in Nairobi at cwachira@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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