business

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

Bloomberg Markets · Jun 18, 2026, 5:29 PM · Also reported by 2 other sources

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.

Read full story on Bloomberg Markets → More top stories

Also covered by

Yahoo Finance UniCredit to Lift Commerzbank Stake to 42.5% After Initial Offer Period Investing.com Hyundai to buy SoftBank’s remaining stake in Boston Dynamics for $325 million, newspaper says

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

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

Also covered by

More in business