CBK approves Nedbank’s 66% NCBA share acquisition by Nedbank
The Central Bank of Kenya (CBK) has given South Africa’s Nedbank Group an approval to acquire 66% stake in NCBA Group. The transaction which was approved on August 28 gives Nedbank Group a major boost towards taking majority control of NCBA Group. “The acquisition shall take effect upon completion of the transaction in accordance with […] The post CBK approves Nedbank’s 66% NCBA share acquisition…
We haven't written up this one. KBC has the full story — the link below goes straight to it.
