Shorecap III, LP Acquires 20pct Stake in Kenya’s Credit Bank Plc

Mauritian Private Equity Fund Shorecap III, LP has acquired a 20 per cent shareholding in Credit Bank PLC (CBP). The acquisition will take effect on June 15, 2023. In August 2019, Oikocredit acquired a 22.8 per cent stake in the lender after paying a cash consideration of Kshs 1.0 billion with the transaction trading at … Continue reading Shorecap III, LP Acquires 20pct Stake in Kenya’s Credit Bank Plc