Angola approves sale of 34% stake in Standard Bank unit
Angola’s Capital Markets Commission (CMC) approved the public sale of a 34% stake in Standard Bank de Angola, clearing the way for its stock market debut and advancing disposal of shares seized from businessman Carlos Sao Vicente.
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…