USD 400,000,000
M&A
Advisor: Schnecker & Associates
Industry: Bank/Country: South Africa

During 1991-1992 SCHNECKER & Associates have been a part of the advisory team that provided consultancy for the merger of three main banks in South Africa under the name of ABSA: Trust Bank, ABSA bank, and Allied Bank.

The transaction amounted ZAR 1 bn (USD 400 MM).