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Event Brief

Absa to Acquire Standard Chartered's Uganda Operations

Standard Chartered sells retail and wealth business in Uganda to Absa Group as part of strategic portfolio realignment.
WHO: Standard Chartered, Absa Group
WHAT: Acquisition of retail and wealth management operations
WHEN: Nov 1, 2025 at 8:00 PM ET
WHERE: Uganda
WHY: To streamline operations and focus on corporate banking
Sources (1): AllAfrica

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