Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/wp_head.php on line 90

Equity Group Kenya buys 66.5% of BCDC Congo from George Forrest

 In news

Equity Group to pay Belgian businessman George Forrest $105 million for 625,354 shares of Banque Commerciale du Congo, including dividends declared after Jan. 1 this year, or a cum-dividend price of $167.9 per share, Nairobi- based lender says in emailed statement.

* BCDC business will be amalgamated with Equity Group’s banking subsidiary in Congo, Equity Bank Congo;
* Equity Group shareholders also approve purchase of shares held by KfW, comprising 7.6% of Equity Bank Congo’s share capital;
* NOTE: Both transactions require approval of Congo central bank;
* NOTE: Sept. 10, Equity Will Spend At Least $170m on BCDC Deal, Standard Says. Source: Bloomberg

Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139
Recent Posts
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.

Start typing and press Enter to search