The South African lender has offered about $855m (Shs3.01 trillion) for a 66 percent stake in NCBA Group, valuing one of East ...

Nedbank has received regulatory approval for its bid to acquire a majority stake in Kenya’s NCBA Group, a deal valued at ...

South Africa’s Nedbank is guaranteed to secure a controlling stake of at least 51.17 percent in NCBA Group after receiving ...

Kenya's CMA grants Nedbank exemption from mandatory takeover rules, enabling its 66% stake acquisition in NCBA Group, now ...

South Africa’s Nedbank Group Ltd. is hoping to hire more investment bankers as it seeks to take advantage of a surge of deals in renewable energy, water and logistics in Africa’s most developed ...

Both Qatar National Bank (QNB) and Nedbank have increased their stakes in Ecobank in recent weeks, fuelling rumours that a takeover of the Togo-based lender is on the cards. “I don’t think that QNB ...

It appears that South African insurers Old Mutual are continuing to invite offers. Mike Brown, Nedbank’s chairman, says: “Old Mutual has said that if it could find an owner for Nedbank that could add ...

JOHANNESBURG, Aug 14 (Reuters) - South Africa's No. 4 bank Nedbank has agreed to buy Imperial Holding's 49.9 percent stake in their joint-owned asset financier Imperial Bank for 1.8 billion rand ($225 ...

Nedbank has about 10% of its capital base invested in Africa outside of South Africa. the banking group made R357m ($28m) in 2014 headline earnings from the “rest-of-Africa” division out of total ...

Nedbank, one of the biggest banks in the South Africa region, has disclosed a security incident yesterday that impacted the personal details of 1.7 million users. The bank says the breach occurred at ...

Nedbank says that NCBA's track record in dividend payment was another key factor that informed its willingness to accept a ...