The proposed offer price comes after Absa Bank Kenya’s share price had rallied to hit an all-time high of Sh33 before easing to close at Sh29.4 on Thursday.
Prime
Thursday, June 18, 2026 - 4 min read
Absa head office in Westlands, Nairobi.
Photo credit: File | Nation Media Group
By
South Africa's Absa Bets $239 Million on Deeper Control of Its Kenyan Bank
Absa joins other SA banks in Kenya expansion
Africa’s banking giants are converging on Kenya as battle for East Africa intensifies
Africa's biggest bank eyes acquisitions as it seeks Kenya's banking crown by 2030 - Businessday NG
Africa’s biggest bank prepares takeover push in East Africa’s most important banking market
Bharti Airtel increases stake in Africa subsidiary to 79%
Absa Bank becomes the latest lender to stage major share price gains catalysed by mergers and acquisitions announcements.
The bulk of the lender’s shares are in the hands of the 156 owners who hold above one million units each.
