African Bank says it welcomes all approvals it has received to date for its acquisition of 100% of Grindrod Bank. All the conditions precedent to the Grindrod Bank transaction have been met, and all the necessary regulatory approvals were obtained…
South Africa’s African Bank will buy lender Ubank, potentially adding as many as 4.7 million retail customers and expanding its operations as it seeks to list on Johannesburg’s main stock exchange.