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*CBZ, ZB Banks Hint On Potential Merger* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?id CBZ Holdings and ZB Financial Holdings Limited have notified their shareholders of separate potential acquisitions that could have an impact on securities prices. In a cautionary statement dated 20 June 2022, the financial institution, said negotiations that could have a material impact on its securities prices are ongoing. Part of the statement read: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > ZB Holdings Limited advises its shareholders that one of its company’s shareholders is engaged in negotiations for a potential acquisition of a control block of securities, which if concluded successfully, may have a material effect on the companies’ securities price. ZB Financial Holdings Limited Group Company Secretary Tinashe Masiiwa advised shareholders to exercise caution when dealing with the company’s securities until a further announcement is made. On its part, CBZ said negotiations for a potential acquisition were also ongoing. In a statement dated 17 June 2022, CBZ Holdings Group Legal Corporate Secretary, Rumbidzai Angeline Jakanani said: > Shareholders are advised that CBZ Holdings Limited, “the Company”) in negotiations for a potential acquisition which if successfully concluded may have a material effect on the price of the Company’s securities, the full impact of which is currently being determined. > Accordingly, Shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement is made. *More: Chronicle* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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