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Nedbank completes 66pc NCBA takeover after regulatory nod

South Africa’s Nedbank Group has completed its acquisition of a 66 per cent controlling stake in NCBA Group, making the Kenyan lender a subsidiary and giving Nedbank its first major foothold in East Africa. NCBA said on Monday that the deal closed after it received all required regulatory approvals. NCBA will remain…

TechTrendsKEBy By Nixon Kanali
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Nedbank completes 66pc NCBA takeover after regulatory nod
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Original headline: “Nedbank completes 66pc NCBA takeover after regulatory nod”

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  • Nedbank NCBA acquisition