Tag Archives: Walked

THE MERGER THAT NEVER WAS! How NCBA Played Stanbic and Walked Away

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Behind closed boardroom doors, branding—not balance sheets—may have killed what would have been Kenya’s biggest banking deal in years. Insiders have revealed that Standard Bank’s insistence on rebranding NCBA under the Stanbic banner played a decisive role in the collapse of long-running merger and acquisition talks between the two lenders. The failed deal would have created Kenya’s third-largest bank, with …

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