CDH acted as counsel to Nedbank Group Limited

CDH acted as counsel to Nedbank Group Limited on the conclusion of a transaction for the sale of all of its shares in Ecobank Transnational Incorporated.

19 Aug 2025 1 min read Featured work

CDH's Corporate & Commercial team acted for Nedbank Group Limited in a recent transaction whereby Nedbank Group will sell all of its 21.2% shareholding in Ecobank Transnational Incorporated to Bosquet Investments Limited for a purchase consideration of USD100 million (approximately ZAR1.8 billion).  The sale is now in its implementation phase and is subject to various regulatory approvals.

THE TEAM BEHIND THE DEAL

Ian Hayes

Ian Hayes

Practice Head, Director

Corporate & Commercial Law

Peter Hesseling

Peter Hesseling

Sector Head, Director

Corporate & Commercial Law

Njeri Wagacha

Njeri Wagacha

Partner, East Africa Lead: Industrials, Manufacturing and Trade Sector

Corporate & Commercial Law

Keagan Hyslop

Keagan Hyslop

Associate

Corporate & Commercial Law