Nedbank Group plans to acquire approximately 66% of the Kenyan NCBA Group for around 13.9 billion rand (USD 794 million), a move that will strengthen the South African bank’s presence in East Africa. The partial offer will be settled by issuing around 43.6 million new Nedbank shares and paying 23.24 billion Kenyan shillings (USD 180...
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Kenya: Nedbank acquires 66% of NCBA Group for USD 794 million
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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