Nedbank gets approval for R13.9 billion acquisition
The Central Bank of Kenya has officially approved Nedbank Group’s proposed acquisition of a 66% stake in the Kenyan NCBA bank.
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Nedbank buying Kenyan Bank for R13.9 billion as South Africa falls behind
Nedbank is going big in a deal to buy NCBA, with the Big Four bank drawn to the higher growth rates in Kenya.
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South African banking giant buying international company for R13.9 billion
South African banking group Nedbank has announced an offer to acquire a majority stake in Kenya’s NCBA Group for R13.9 billion.