Absa to Lift Kenya Unit Stake to 85% in $239 Million Tender

Absa to Lift Kenya Unit Stake to 85% in $239 Million Tender

South Africa’s Absa Group Ltd. plans to raise its stake in its Kenyan unit to 85% through a $238.7 million tender offer, underscoring its confidence in East Africa’s growth prospects.

South Africa’s Absa Group Ltd. plans to raise its stake in its Kenyan unit to 85% through a $238.7 million tender offer, underscoring its confidence in East Africa’s growth prospects.
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Bloomberg — Markets (EN)




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