AfricInvest IV LLC managed by AfricInvest Group agreed to acquire 10.13% stake in I&M Group PLC (NASE:IMH) from British International Investment plc on November 3, 2023. The completion of the transaction is subject to regulatory approvals. As of March 8, 2024, All the 1,414 employees of the bank will be retained under the current employment terms. East Africa Growth Holding has secured Competition Authority of Kenyas (CAK) approval.
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5-day change | 1st Jan Change | ||
17.25 KES | +0.58% | -9.45% | -1.43% |
Mar. 25 | I&M Group PLC Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
2023 | I&M Group PLC Reports Earnings Results for the Nine Months Ended September 30, 2023 | CI |
1st Jan change | Capi. | |
---|---|---|
-1.43% | 212M | |
+13.75% | 556B | |
+12.36% | 298B | |
+8.64% | 247B | |
+21.72% | 210B | |
+16.11% | 170B | |
+6.88% | 162B | |
+4.42% | 153B | |
+0.10% | 139B | |
-11.67% | 138B |
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- AfricInvest IV LLC managed by AfricInvest Group agreed to acquire 10.13% stake in I&M Group PLC from British International Investment plc.