Home Business KCB plans to buy out minority shareholders in Rwanda unit

KCB plans to buy out minority shareholders in Rwanda unit

Share


Business Daily | by Victor Juma


KCB Group plans to acquire the 24 percent stake owned by minority investors in its Rwandan subsidiary Banque Populaire du Rwanda Plc (BPR) next year.

The Kenyan banking multinational recently bought a 62 percent stake from London-based Atlas Mara Limited and another 14 percent from private equity firm Arise, bringing its ownership in BPR to 76 percent…

Read more…

 


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version