Bosquet acquires 21.22% stake in ETI from Nedbank Group

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced the execution of a purchase agreement between Nedbank Group and Bosquet Investments, the private investment vehicle of Alain Nkontchou, for the acquisition of a 21.22 per cent stake in ETI. The transaction is subject to regulatory approvals.