Standard Bank Is Said to Be in Talk to Acquire Kenya’s NCBA

Standard Bank Is Said to Be in Talk to Acquire Kenya’s NCBA

Standard Bank Group Ltd.’s Kenyan unit is in talks to acquire NCBA Group Plc, according to people with knowledge of the matter, a move that would potentially create the East African nation’s third-biggest lender by assets.

NCBA Shares Surge as Standard Bank’s Two-Year Courtship Nears the Finish Line

Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is... The post NCBA Shares Surge as Standard Bank’s Two-Year Courtship Nears the Finish Line appeared first on CEO East Africa.

Standard Bank offers to buy NCBA, sources

NAIROBI, Kenya, Oct 14 - Standard Bank Group, the parent company of Stanbic Holdings, is in talks to acquire NCBA Group, Bloomberg News has reported. If Kenya breaking news | Kenya news today

NCBA shares rally on reports of sale talks to Stanbic

NCBA Group shares surged nearly 9% to a record high on the Nairobi Securities Exchange following reports that South Africa’s Standard Bank Group.

Kenyatta family’s NCBA in takeover talks with Standard Bank

A potential takeover of NCBA Group by South Africa’s Standard Bank is reverberating far beyond the trading floor of the Nairobi Securities Exchange. For Kenya’s most powerful political dynasty — the Kenyattas — the talks touch the heart of a financial empire that has quietly shaped the country’s banking landscape for decades.According to people familiar with the matter, Standard Bank, through its Kenyan arm Stanbic Holdings, is in early discussi…

Standard Bank Eyes Expansion In East Africa With Potential NCBA Takeover

Standard Bank Group Ltd., Africa’s largest lender by assets, is pursuing one of its most significant expansion moves in recent years through a potential acquisition of NCBA Group Plc in Kenya, a transaction that could reshape the banking landscape across East Africa. According to people familiar with the development, Stanbic Holdings Plc, Standard Bank’s Kenyan […] The post Standard Bank Eyes Expansion in East Africa with Potential NCBA Takeover…