Kenya's Equity Bank to Acquire Congolese Lender At $105 Million

Regional lender Equity Group is in the final stages of completing its takeover of the Banque commercial du Congo, (BCDC).

This follows an agreement with the majority shareholder - George Arthur Forrest and family - to acquire all the 625,354 shares (66.53 per cent) owned by the Belgian at a cost of $105 million.

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