We are pleased to share that MWC Legal acted in the acquisition of 100% of the shareholding of Paramount Bank Limited by Zenith Bank PLC.
This transaction marks a significant development in the Kenyan banking sector and reflects continued investor confidence in Kenya’s financial services market.
It also underscores the growing regional integration of African financial institutions and the importance of strategic cross-border investments in strengthening the resilience and competitiveness of the banking industry.
We are proud to have supported our client through this landmark transaction and congratulate all parties involved on this important milestone.
We also extend our appreciation to our Corporate Commercial team for a job well done in successfully undertaking this transaction, under the leadership of our Managing Partner, Bernard Musyoka, whose guidance and expertise was instrumental throughout the process.