Barclays Bank has now transferred 68 per cent of its Kenyan shareholding to Barclay's Africa Limited to enable it merge its African operations. The move comes after approval from the Capital Markets Authority to conduct a private transaction in which Barclays will transfer shares to Barclays Africa Limited as part of an intra group transfer.
Kenya: Transfers of Barclays Shares Approved By CMA
Ads by Google
Copyright © 2013 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.