MERCHANT bank Henry Ansbacher has finally agreed a takeover offer by
the South African bank First National.
The acquisition, which is the first time a South African bank has
bought a British bank, values Ansbacher at #57.8m.
The major shareholders -- Pargesa, Groupe Bruxelles Lambert and Banque
Internationale of Luxembourg -- have already accepted the bid for their
total of 73.1%.
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