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Nedbank completes takeover of NCBA after securing 66 per cent stake

South Africa’s Nedbank Group has completed its acquisition of a 66 per cent controlling stake in NCBA Group, making the Nairobi-based lender, which also operates in Uganda, a subsidiary of the Johannesburg-listed bank. NCBA announced the completion in Nairobi on Monday, saying it followed receipt of the required regulatory approvals. The lender will remain listed […]

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