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The General Competition Authority has approved the completion of the process of economic concentration between the National Commercial Bank and the Samba Financial Group.
She clarified today (Wednesday) that the type of concentration will be the merger of Samba Group into the National Bank and the transfer of all its assets and liabilities to the latter.
And the National Bank announced in October last year that if the merger was approved, all Samba shares would be canceled and it would issue new shares to its shareholders.
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