DTB Kenya Moves to Sell Stake in Burundi Subsidiary, Warns Investors Trading Shares

DTB Kenya moves to sell stake in Burundi subsidiary, warns investors trading shares

Diamond Trust Bank Kenya has announced plans to sell its entire stake in Diamond Trust Bank Burundi to a Burundi-based consortium, pending regulatory approvals.

DTB Kenya To Exit Burundi Subsidiary, Sells Stake To Local Investors

The Kenya Times ~ Trending, Breaking News and Videos DTB Kenya to Exit Burundi Subsidiary, Sells Stake to Local Investors The Board of Directors of Diamond Trust Bank Kenya Limited (DTB) has announced plans to sell its entire stake in DTB Burundi, following the signing of a conditional sale and purchase agreement with a consortium of primarily Burundian investors, including the bank’s existing minority shareholder. In a statement dated September…

DTB Kenya accepts offer to sell its Burundi subsidiary - Kahawatungu

The Board of Directors of Diamond Trust Bank Kenya Limited (NSE: DTK) announced the planned sale of its stake in DTB Burundi (“the proposed transaction”), following the signing of a conditional sale and purchase agreement with a consortium of primarily Burundian-based investors, including its existing minority shareholder. The DTB Kenya Board confirmed that the proposed transaction, which is subject to regulatory approvals, will entail the sale …