Tag Archives: Merger

Barclays Bank Kenya is seeking to do a merger with ABSA Group as it plans to create an efficient structure of operation in Africa.

Ecobank acquires The Trust Bank Ghana Limited (TTB) which was approved on 9 December 2011, ETI will execute a share swap agreement with existing shareholders of The Trust Bank for 100% stake in TTB.

Insurance Company of East Africa Limited (ICEA) and Lion of Kenya Insurance Company Limited have finalized its merger and it will take effective on 1st January, 2012. It shall be known as ICEA LION Group. The merger has brought  in two of the leading insurance companies in East Africa. They both deal ...

Insurance Company of East Africa (ICEA) and Lion of Kenya has finalized a merger which had been in the pipeline. The merger will see the birth of a new entity one of the biggest insurance group in the region. Spearheaded by ICEA LION GROUP Chairman, James Ndegwa, the merger has ...