Equity Group #ticker:EQTY has been given the green light to acquire Sh10.9 billion ($105 million) controlling stake in top bank in the Democratic Republic of Congo, in a deal that will deepen its influence in the populous Central Africa country.
The clearance paves the way for Equity to finalise the transaction that will see it get 66.53 percent stake in Banque Commerciale du Congo (BCDC) that has 29 branches.
