Atlas courts ABC minority shareholders

Wednesday, September 24, 2014

London stock exchange listed, Atlas Mara, is set to complete the takeover of ABC Holdings. This comes after the firm announced an intention to buy out the remaining minority local and Zimbabwe shareholders in the banking group.

Atlas Mara has already snapped up 95,84 percent of ABC’s shares, paving way for the delisting of ABC Holdings from the local and Zimbabwe bourses, as the banking group transitions into a privately owned company.

ABC is the holding company for retail medium-sized banking entity, BancABC.

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Atlas courts ABC minority shareholders

London stock exchange listed, Atlas Mara, is set to complete the takeover of ABC Holdings. This comes after the firm announced an intention to buy out the remaining minority local and Zimbabwe shareholders in the banking group.