Resolved1 update
Co-op Bank buys stake in Jamii Bora at Sh1 billion
Story-level discussion
Start here
The Co-operative Bank of Kenya ( Co-op) has offered an initial Sh1 billion to acquire a 90% stake in Jamii Bora Bank , small lender disclosed ahead of its July 1 shareholders meeting. The deal will see all Jamii Bora’s shareholders squeezed into a 10% stake but Co-op Bank’s will still give it the right to appoint the l
What happened
The Co-operative Bank of Kenya ( Co-op) has offered an initial Sh1 billion to acquire a 90% stake in Jamii Bora Bank , small lender disclosed ahead of its July 1 shareholders meeting. The deal will see all Jamii Bora’s shareholders squeezed into a 10% stake but Co-op Bank’s will still give it the right to appoint the l
No updates yet on this story. Use the composer above to add the first node.