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Absa to Lift Kenya Unit Stake to 85% in $239 Million Tender
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Absa to Lift Kenya Unit Stake to 85% in $239 Million Tender

Bloomberg Markets · Jun 18, 2026, 5:29 PM · Also reported by 1 other source

South Africa’s Absa Group Ltd. plans to raise its stake in its Kenyan unit to 85% through a $238.7 million tender offer, underscoring its confidence in East Africa’s growth prospects.

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