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Equity gets a bargain in a deal with Congolese bank

Equity Group Holdings CEO James Mwangi (PHOTO: FILE)

NAIROBI, KENYA: The Equity Group Holdings has inked a better deal with a Congolese bank reducing consideration from the previous Sh11.2 billion (USD 105m) to Sh10.1 billion (USD 95 million).

The group on Tuesday said the deal has met all the necessary approvals and the acquisition was completed on August 7.

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