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Liberty Holdings sells 100% of Stanlib Ghana to Stanbic Africa

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Liberty Holdings sells 100% of Stanlib Ghana to Stanbic Africa

Liberty Holdings Ltd. has disposed of 100% of its shares in asset manager Stanlib Ghana Ltd. to Stanbic Africa Holdings Ltd., a subsidiary of Standard Bank Group Ltd.

The deal closed Dec. 13.

Liberty Holding in August agreed to sell all its shares in the asset manager for 70 million Ghanaian cedis in cash.