FilingReader Intelligence
Nedbank sells entire 21% Ecobank stake for $100m
August 15, 2025 at 09:01 PM UTC•By FilingReader AI
Nedbank Group will sell its 21.2% shareholding in Ecobank Transnational Incorporated to Bosquet Investments Limited for $100m. The disposal, subject to regulatory approvals, is expected to complete in Q4 2025.
The move aligns with Nedbank's strategy to reset its African operations, prioritizing the SADC and East Africa regions where it owns and controls businesses.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
JSE:NBNSX•Johannesburg Stock Exchange
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