Nedbank Completes Acquisition of 66% of Kenya’s NCBA in $850 Million-Plus Deal
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Nedbank Group Ltd. has completed its takeover offer for a 66% controlling stake in NCBA Group Plc, giving the South African lender a base in East Africa, the companies said in a statement on Monday. Nedbank put the total purchase consideration at about 13.9 billion rand ($800 million), based on a Nedbank issue price of […]
The post Nedbank Completes Acquisition of 66% of Kenya’s NCBA in $850 Million-Plus Deal appeared first on TechMoran.
The post Nedbank Completes Acquisition of 66% of Kenya’s NCBA in $850 Million-Plus Deal appeared first on TechMoran.
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