Barclays suspends bid for Namibia's Bank Windhoek
October 31 , 2012
Barclays has temporarily suspended its bid for a stake in Namibia's Bank Windhoek.
The British bank must first complete a process to combine its African businesses with those of Absa Group before it makes a bid.
In August, Barclays announced it would be combining its interests in Botswana, Ghana, Kenya, Tanzania, Uganda and Zambia with Absa, South Africa's third-largest lender.