NCBA owners take 8.3pc stake in Nedbank Group

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Investors in NCBA Group have taken an 8.37 percent stake in Nedbank Group as part of their compensation for selling a combined 66 percent interest in the Nairobi Securities Exchange-listed lender to the South African firm.

NCBA owners received most of their payment in the form of Nedbank shares, with a smaller portion in cash.

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