Vista wins bid to buy StanChart Zim

Deal awaits regulatory approvals

NDAMU SANDU Vista Group Holding SA, the Guinea-headquartered financial institution, has won the bid to acquire seven units of Standard Chartered Plc including Zimbabwe as it expands into Southern Africa. The deal comes after Standard Chartered Plc, last year announced plans to exit Zimbabwe, Angola, Cameroon, The Gambia, Sierra Leone, Lebanon and Jordan as it…

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