Absa’s Tender Offer May Not Be the End of Its Kenya Buying Spree

When Absa Group announced plans to raise its stake in Absa Bank Kenya, attention centred on its Sh30. 9 billion tender offer for minority shareholders.

But the offer documents reveal another route the South African lender could take if it falls short of its target. Rather than relying entirely on shareholders accepting the offer, Absa says … The post Absa’s Tender Offer May Not Be the End of Its Kenya Buying Spree appeared first on TechTrendsKE .

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