Angola Raises $224 Million From Standard Bank Unit Stake Sale
Angola raised $224 million through the sale of a 34% stake in a local unit of Standard Bank Group Ltd.
Angola raised 208.5 billion kwanzas ($224 million) from the sale of a 34% stake Standard Bank Group Ltd.’s local unit, with investor demand almost double the shares offered and Africa’s biggest lender boosting its controlling interest in the lender.
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