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Absa Group is set to raise its Absa Kenya stake to 71.99% after accepting 189.4 million shares in a tender offer that closed on August 11, 2026.
Business News
Absa Group Increases Stake in Absa Kenya to 71.99% After Acquiring 189.4 Million Shares
Juma Nasimiyu Centrine August 19, 2026

Absa Group is set to increase its stake in Absa Bank Kenya PLC to 71.99% after accepting 189,380,644 ordinary shares in a tender offer that closed on August 11, 2026. The group offered to acquire up to 895,989,600 ordinary shares, representing up to 16.5% of Absa Kenya’s issued share capital, at Ksh 34.50 per share.

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Absa Group Seeks to Increase Stake in Absa Bank Kenya to 85%
Business News
Absa Group Seeks to Increase Stake in Absa Bank Kenya to 85%
Michael Owino June 19, 2026

Absa Group Limited has announced plans to increase its ownership in Absa Bank Kenya PLC through a tender offer targeting existing shareholders. In a notice dated Friday, June 19, the South African banking group said it intends to acquire up to 895.9 million additional ordinary shares in Absa Bank Kenya from other shareholders. Absa Group

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