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South Africa’s Nedbank clears final conditions for 66% takeover of Kenya’s NCBA

South Africa’s Nedbank has cleared the outstanding conditions for its acquisition of a 66% stake in Kenya’s NCBA Group , bringing the lender closer to securing a regional banking platform spanning East and West Africa. Nedbank’s offer to acquire 66% of Kenya’s NCBA became unconditional on 15 October. The transaction…

Business Insider AfricaBy Ayodeji Adegboyega
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South Africa’s Nedbank clears final conditions for 66% takeover of Kenya’s NCBA
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Business Insider Africa.

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Original headline: “South Africa’s Nedbank clears final conditions for 66% takeover of Kenya’s NCBA”

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