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TNM Shareholders Approve OCL Acquisition K11.5bn

By Alex Banda
TNM Shareholders Approve OCL Acquisition K11.5bn

TNM shareholders have approved the acquisition of OCL worth K11.5 billion, a major consolidation in Malawi's financial services sector.

The deal is expected to expand TNM's footprint in the insurance and asset management space, giving the telecoms group a stronger hold on the country's digital economy.

Zodiak Online will continue to follow this story. For the latest updates, tune in to Zodiak Broadcasting Station or visit zodiakmalawi.com.

About the author

Alex Banda

Alex Banda covers business and national news for Zodiak Online.

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