trending Market Intelligence /marketintelligence/en/news-insights/trending/6cum-Ccs86gtRDL2tmy2kw2 content esgSubNav
In This List

CDC Group acquires 10.68% stake in I&M Holdings

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Commercial Banking: June 22nd Edition

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy

Blog

Commercial Banking Newsletter June Edition - 2022


CDC Group acquires 10.68% stake in I&M Holdings

Britishdevelopment finance institution CDC Group Plc completed the acquisition of a 10.68%stake in Kenya's I&M HoldingsLtd., the latter said Oct. 3.

Thestake was acquired from France's Proparco and Germany's . CDC Group becomes I&M Holdings' fourth-largestshareholder, Kenya's Business Daily reportedOct. 4.

Proparcois the private sector financing arm of Agence Française de Développement. DEG is an arm ofKfW.I&M Holdings is the parent of I&M Bank Ltd.