Seema Dhanani Archives – CEO East Africa

CONFIRMED: CDC Group fully exits dfcu Bank after a UGX48.1bn sale of stake to Danish development bank

Muhereza KyamuteteraBanking & Financial Services The Big StoryDecember 19, 2019December 19, 2019

According to a source at the Uganda Securities Exchange (USE), IFU reportedly paid UGX645 per share, meaning they paid UGX48.1 billion for the 74,580,276 shares. The deal values dfcu at UGX482.5 billion.

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