Swiss Re Asset Management Geneva SA entered into a share purchase agreement to acquire 13.81% stake in Britam Holdings Plc (NASE:BRIT) from Plum LLP on June 11, 2018. Under the terms Swiss Re will acquire 348.5 million common stock. The proposed transaction is subject to conditions that are customary to transactions of this nature, including but not limited to receipt of regulatory approvals from the Capital Markets Authority, Insurance Regulatory Authority and the Central Bank of Kenya. BNP Paribas acted as financial advisor to Swiss Re Assest Management. Swiss Re Asset Management Geneva SA completed the acquisition of 13.81% stake in Britam Holdings Plc (NASE:BRIT) from Plum LLP in July 2018.