On January 12, 2023, Centum Investments Company announced that it had called off the sale of its 83.4 percent stake in Sidian Bank to Access Bank, after the expiry of a six-month binding share purchase agreement.
This was quite unprecedented given Centum’s checkered history of consummating transactions. That said, Sidian was the first investment in a commercial bank that Centum made and it has proved a bit challenging.
