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Nedbank Tables Offer to Acquire Majority Stake in NCBA Group
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NCBA Explains Why It Settled on Nedbank Despite Multiple Acquisition Offers
Michael Owino January 23, 2026

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

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Nedbank Tables Offer to Acquire Majority Stake in NCBA Group
News
South African Bank Moves to Acquire 66% Stake in NCBA Group
Michael Owino January 21, 2026

A South African Bank, Nedbank Group Limited has issued a proposal to acquire a majority stake in NCBA Group PLC, a leading financial services provider in East Africa. In a statement dated January 21, 2026, NCBA said it had received a strategic investment proposal and a Notice of Intention from Nedbank to acquire approximately 66

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