FNB Namibia Holdings Limited (NMSE:FNB) agreed to acquire Pointbreak from Monica Geingos and others on October 18, 2016. In a related transaction, FNB Namibia Holdings Limited also agreed to acquire EBank from Pointbreak and Monica Geingos on October 19, 2016. The transaction is still subject to various regulatory approvals, including those from the Bank of Namibia, Namfisa, Namibian Competition Commission and the South African Reserve Bank and can only be implemented after these approvals have been received. As of Ma 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 Pointbreak from Monica Geingos and others on March 31, 2017. The deal has been approved by respective Board and shareholders.