Source: TechMoran

Equity Bank: Equity Group stops takeover bid for Atlas Mara Banking Businesses

Equity Group, has mutually agreed with Atlas Mara (ATMA) to discontinue discussions on the proposed transaction where EGH had expressed the intention to acquire banking businesses from ATMA in Rwanda, Tanzania, Zambia and Mozambique. Equity Group said this was due to the uncertainty of risk which precipitated the proposed withdrawal of Kshs 9.5 billion dividend [...]The post Equity Group stops takeover bid for Atlas Mara Banking Businesses appeared first on TechMoran.

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James Mwangi

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Equity Bank is a financial service firm that offers microfinance, personal, retail and commercial banking solutions. Read more