Angola approves sale of 34% stake in Standard Bank unit seized from tycoon
Club of Mozambique1 newsroom
Angola’s Capital Market Commission (CMC) has approved the public sale of a 34% stake in Standard Bank de Angola, clearing the way for the lender’s stock market debut and advancing the disposal of shares seized by the state from businessman Carlos Sao Vicente. The regulator approved the sale of 4.76 million shares, representing 34% of… Source