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Former Barclays boss to acquire ABCH

HARARE – Atlas Mara Co-Nvest Limited (Atlas Mara) is set to acquire banking group ABC Holdings (ABCH) and its major shareholder AfricanDevelopment Corporation (ADC) in a $265 million cash and shares deal. Under the transaction, Atlas Mara — co-founded by former Barclays Plc’s chief executive Robert Diamond and Africa’s youngest millionaire Ashish Thakkar — will…

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