Equity Group’s #ticker:EQTY purchase of four banks in Rwanda, Zambia, Mozambique and Tanzania from a London-listed investment firm will now delay further, the bank has said.
The bank in January informed its shareholders that a binding agreement for the proposed Sh10.7 billion share swap deal with Atlas Mara Ltd (ATMA) had lapsed after Equity Bank failed to reach a buyout deal within the set deadline.
