Absa Buys Barclays' South African Business

South African bank Absa has received regulatory approval for its acquisition of Barclays South African branch for an estimated R578 million ($90.5 million), with effect from 1 January 2006. The purchase....

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By: Stephen Harris
December 23, 2005
South African bank Absa has received regulatory approval for its acquisition of Barclays South African branch for an estimated R578 million ($90.5 million), with effect from 1 January 2006. The purchase....