submitted over 3 years ago by smuchiri
- Victoria Commercial Bank is acquiring a 24.89 percent stake in a Nairobi-based Kindergarten through a debt swap deal due to the school's loan repayment struggles.
- The Competition Authority of Kenya has approved the deal, allowing the bank to become a significant shareholder in Montessori Learning Centre Limited, reflecting a rare purchase of a school by a lender.
No comments yet
Be the first to share your opinion!