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Uganda: I&M Cost of Buying Uganda Bank Rises to U.S.$37.2 Million

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[East African] I&M Group has spent Ksh4.1 billion ($ 37.2 million) to acquire a 90 percent stake in Uganda's Orient Bank Limited, with the cost rising from the initial estimate of Ksh3.6 billion ($32.7 million).

Source: allAfrica.com

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