Why Nedbank Was Willing to Pay More for NCBA Group

When Nedbank moved to acquire a 66 percent stake in NCBA Group, the headline number drew attention first. Sh110.

4 billion in cash and stock, valued at 1. 4 times book value, stood above recent banking transactions in the region.

On paper, it looked expensive. In practice, the pricing reflected something less visible than balance sheet strength.

… The post Why Nedbank Was Willing to Pay More for NCBA Group appeared first on TechTrendsKE .