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@kahawatungu Wed, 21 Jan 2026 18:01:29

Nedbank moves to acquire 66% stake in NCBA in landmark East Africa expansion

NCBA Group announced Wednesday that it has received a strategic investment proposal and a Notice of Intention from South Africa's Nedbank Group Limited to acquire approximately 66 per cent of NCBA's ordinary shares through a tender offer, a move that would see the Kenyan lender become a subsidiary of Nedbank. If completed, the transaction will [...] The post Nedbank moves to acquire 66% stake in NCBA in landmark East Africa expansion appeared first on Kahawatungu.

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