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Access Bank to Acquire Bidvest Bank for $159 Million, Expanding in South Africa
Nigeria's Access Bank Plc will acquire South Africa's Bidvest Bank Holdings Limited for about $159 million, aiming to expand in South Africa and become one of Africa's largest lenders by 2027; the acquisition is expected to close in the second half of 2025.
Access Bank to Acquire Bidvest Bank for $159 Million, Expanding in South Africa
Nigeria's Access Bank Plc will acquire South Africa's Bidvest Bank Holdings Limited for about $159 million, aiming to expand in South Africa and become one of Africa's largest lenders by 2027; the acquisition is expected to close in the second half of 2025.
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