ATLAS Mara Limited Announces Strategic Transaction with KCB Group Plc

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Nov 26, 2020
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TORTOLA, BVI / ACCESSWIRE / November 26, 2020 / Atlas Mara Limited (LSE:ATMA, Financial) ("Atlas Mara" or the "Company" and including its subsidiaries, the "Group"), the sub-Saharan African financial services group, announces that it has entered into definitive agreements with KCB Group Plc ("KCB") for the sale of the Group's banking assets in Rwanda and Tanzania (the "Transaction"). The Transaction is subject to regulatory approvals and other customary conditions precedent, including approvals and consents from the relevant central banks, competition authorities, and other counterparties and regulatory authorities.