CDC Group of U.K. in Talks to Buy Stake in I&M Holdings of Kenya

April 18, 2016


Co. seeking to buy 10.68% stake held by DEG, Proparco through private shr transfer, Nairobi-based I&M Holdings says in newspaper statement.

* Transaction subject to regulatory approval in Kenya, Tanzania;
* NOTE: Dec. 11, I&M Holdings Sees Giro Bank Acquisition Ending Mid-2016: Daily. South: Bloomberg