 |
| The Tanzania Fair Competition Commission (FCC) is reviewing plans by Exim Bank Tanzania to acquire the First National Bank Tanzania Ltd (FNB). |
In a notice, FCC says it has received “a merger application notification by Exim Bank Tanzania Ltd to acquire certain assets and liabilities of First National Bank Tanzania Ltd.”
FCC noted that on October 26, 2021, Exim Bank Tanzania signed the offer for acquisition of assets and liabilities of South Africa’s First National Bank’s subsidiary.
"Fair Competition Agency alerts all petitioners both legal and natural to file their case within fourteen days from January 10," FCC said in the notice.
No comments:
Post a Comment