Nedbank disposal of Ecobank Transnational stake

15 August 2025 Public record

Value
US$100m
Date
15 August 2025
Status
Completed (2025)

Summary

Nedbank agreed to sell its 21.2% shareholding in Ecobank Transnational to Bosquet Investments for US$100 million.

Transaction: Nedbank disposal of Ecobank Transnational stake

Client / parties: Nedbank Group; Bosquet Investments Limited; Ecobank Transnational Incorporated

Law firm(s): Cliffe Dekker Hofmeyr; LPA Law

Transaction type: M&A

Sector: Banking / Financial Services

Jurisdiction: Togo

Reported value: US$100 million

Source: https://www.cliffedekkerhofmeyr.com/en/news/ground-breaking-matters/2025/CDH-acted-as-counsel-to-Nedbank-Group-Limited

Scope of legal work

Legal advisers: Cliffe Dekker Hofmeyr, ENSafrica and CMS (roles not split in the source). Consideration about US$100m. Named West Africa Deal of the Year 2025 by DealMakers Africa.

Advisers

Sources

Compiled by Meridian from the public announcements and filings listed under Sources.

  • Additional adviser information submitted to Meridian (firm dataset, October 2026), pending verification: Cliffe Dekker Hofmeyr advised Nedbank on the sale of its 21.2% ETI stake to Bosquet Investments (about US$100m).
  • DealMakers Africa, West Africa Deal of the Year 2025
  • Meridian market dataset, October 2026: verification status Partially Verified
  • DealMakers AFRICA, 2026-03-19

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