FNB Namibia Holdings Limited (NMSE:FNB) agreed to acquire EBank from Pointbreak, Monica Geingos, Martin Shipanga, and the executive management of the bank on October 18, 2016. In a related transaction, FNB Namibia Holdings Limited (NMSE:FNB) agreed to acquire Pointbreak from Monica Geingos and others. Both the transactions are subject to the approval of various regulatory approvals, including those from the Bank of Namibia, Namfisa, the Namibian Competition Commission and the South African Reserve Bank. As of March 27, 2017, all regulatory requirements have been met and approval of the deal has been granted by Namfisa, the Bank of Namibia, Competition Commission and South African Reserve Bank. Johannes Gouws, Rakhee Singh, Marita van der Walt & Nada van Dyk of DLA Piper acted as legal advisor to FNB Namibia Holdings Limited FNB Namibia Holdings Limited (NMSE:FNB) completed the acquisition of EBank from Pointbreak, Monica Geingos, Martin Shipanga, and the executive management of the bank on March 31, 2017.