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National Bank issues advisory to shareholders on KCB takeover bid

NBK
National Bank of Kenya is currently the subject of a takeover bid by the KCB Group [Photo, Courtesy]

NAIROBI, KENYA: The board of National Bank (NBK) has issued an advisory circular to its shareholders to assist them to make an informed decision to accept or reject the offer from KCB group PLC to acquire the Bank.

The circular, which has been approved by The Capital Markets Authority, includes an independent advisors report and an acceptance form.

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