Mshwari moving to Jamii...so CBA + NIC will not include the mobile money loans element...mmmh!

Doubt that CBA can absorb and digest 2 different corporate cultures, balance sheets and client bases in one fell swoop.
My suspicion is that the earlier NIC announcement was intended to serve as a red herring to divert attention from other discussions on more easily-digestible acquisitions. Look specifically at the difference in tone betweeen the 2 announcements (as we all suspect by now, most journos are basically told what to write and what tone to set). One announcement was riddled with caveats and prevarication, while the 2nd announcement has been published as a fait accompli.

There is NO NIC deal. It was a head fake as they finalized the Jamii Bora deal.

I believe the NIC deal was handles more carefully because of the long relations betweet the 2 big families. Additionally the deal included the CMA and other small shareholders like me with 100 shares i.e publicly listed company.

As for JBB, the deal can be equated to buying an item after a hawker flashing it to you on Tom Mboya Street as you head home one evening.

And that is a sober assessment.
1) JBB, unlike NIC, is not listed so the CMA isn't involved.
2) JBB is much smaller than NIC so Due Diligence can be completed sooner.
3) JBB has fewer shareholders (50%+) while NIC has Ndegwas with (officially) 25% + others.

Your opinion or fact? Link?

Just imagining, how come after the Merger talk there has not been a price rally of the NIC shares? Some of us were already smiling that the big family will take up the shares from us at 80 bob so we recoup our losses. I am seeing sub-30