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Message: [QUOTE="Queen, post: 85709, member: 27"] Nedbank is buying control of NCBA to muscle deeper into East Africa with a cash-and-shares play. Deal snapshot [LIST] [*]Nedbank Group Limited made an offer for roughly 66 percent of NCBA. [*]Total consideration sits near R13.9bn. [*]Offer pricing uses ZAR 250 per Nedbank share. [/LIST] How the ownership shakes out [LIST] [*]NCBA becomes a Nedbank subsidiary. [*]Minority shares keep trading publicly. [*]Nairobi Securities Exchange listing stays intact. [/LIST] Payment structure [LIST] [*]Consideration splits 20 percent cash. [*]The remaining value comes via new Nedbank shares. [*]Johannesburg Stock Exchange handles the listing. [/LIST] Why Nedbank wants this [LIST] [*]Jason Quinn calls it a strategy milestone. [*]East Africa is flagged as high priority. [*]Regional growth beats domestic saturation. [/LIST] What NCBA brings [LIST] [*]Strong local brand across multiple countries. [*]Digital banking and lending at scale. [*]Deep customer reach fits cross-border banking. [/LIST] NCBA operating footprint [LIST] [*]Headquarters sit in Nairobi. [*]Operations span Kenya, Uganda, Tanzania, and Rwanda. [*]Digital services reach Ghana and the Ivory Coast. [/LIST] NCBA by the numbers [LIST] [*]Customer base exceeds 60 million. [*]Branch count totals 122. [*]Assets stand at KES 665 billion. [*]Digital loans pass KES 1 trillion annually. [/LIST] Governance and integration [LIST] [*]Brand and leadership stay local. [*]Independent governance remains. [*]No operational merge is required. [/LIST] Timing and approvals [LIST] [*]Transaction awaits regulatory sign-off. [*]Completion is targeted for Q3 2026. [/LIST] [/QUOTE]

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