CBZHL / ZBFHL deal collapses
…amid asset stripping and retrenchment moratorium
LIVINGSTONE MARUFU The long- anticipated merger between CBZ Holdings Limited (CBZHL) and ZB Financial Holdings (ZBFHL) has collapsed with insiders attributing the fallout to asset stripping demands in the targeted firm by the Competitions and Tariff Commission (CTC), it has been learnt. As was first reported by Business Times, a market leader in business, financial and economic…
