NCBA Group, currently in the process of being acquired by South Africa’s Nedbank, has explained why it chose the lender despite receiving multiple acquisition offers. Speaking to the media on Thursday, January 22, 2026, NCBA Group CEO John Gachora said the board prioritised a deal that would minimise disruption to the business, protect the company’s
I&M Group PLC has announced the successful acquisition of additional shares in I&M Bank (T) Limited (IMTz) in Tanzania. These shares were previously held by PROPARCO and Microfinance East Africa Ltd (MEAL). In a notice dated Friday, January 16, 2026, the Group confirmed that the acquisition followed the receipt of all necessary corporate and regulatory
Italian joint stock company Guala Closures S.p.A. has moved to acquire 100% of the issued share capital of Metal Crowns Limited, a move that would grant the Italian firm full control over one of Kenya’s prominent packaging manufacturers. The transaction is set to be executed through the acquisition of shares in Mantiax Investments Limited, a
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