trending Market Intelligence /marketintelligence/en/news-insights/trending/ZdqqQk-NrAXVSIw7Ws0m1w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Standard Bank Angola shareholder agrees to sell entire 49% stake

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Report: Standard Bank Angola shareholder agrees to sell entire 49% stake

AAA Activos Lda. Chairman Carlos Manuel de Sao Vicente saidthe company agreed to sell its stake in Standard Bank de Angola SA to investment holding companyInpal-Investimentos e Participacoes Lda.

The StandardBank Group Ltd. unit and Inpal are working to finalize thetransaction, Bloomberg News reported May 6, citing the chairman's e-mailedstatement.

He said AAA Activos is offloading the 49% stake it acquiredin 2012 for "various reasons." Bloomberg reported that Standard Bankdeclined to comment and Inpal did not immediately respond to an e-mailedrequest for comment.