Access Bank will acquire ABC Holding’s 78.15% shareholding in BancABC Botswana

LONDON: Atlas Mara Limited’s subsidiary ABC Holdings Limited (ABCH) has entered into definitive agreements with Access Bank Plc for the sale of ABCH’s holdings in African Banking Corporation Botswana. The Transaction is subject to fulfillment of various customary conditions precedent including certain regulatory requirements and consents from other relevant authorities and certain counterparties. As part…