Regional competition watchdogs are reviewing a proposed £221 million ($297 million) acquisition of London-listed cross-border payments firm, CAB Payments Holdings Plc, by Helios-backed Mara BidCo.
The deal, which would see Mara BidCo acquire an additional 54.89 percent stake in CAB Payments, is subject to regulatory clearance by the Comesa Competition Commission and the East African Community Competition Authority.
