Finance
Absa to Lift Kenya Unit Stake to 85% in $239 Million Tender
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Article Summary
46 words
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. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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