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Angola approves sale of 34% stake in Standard Bank unit seized from tycoon

Angola’s Capital Market Commission (CMC) has approved the public sale of a ​34% stake in Standard Bank de ‌Angola, clearing the way for the lender’s stock market debut and advancing the disposal ​of shares seized by the state ​from businessman Carlos Sao Vicente. The regulator approved ⁠the sale of 4.76 million…

Club of MozambiqueBy COM
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Original headline: “Angola approves sale of 34% stake in Standard Bank unit seized from tycoon

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