February 26, 2018 / 1:09 PM / 23 days ago

Unnamed investor preparing to buy stake in Mauritius' MauBank-CEO

PORT LOUIS, Feb 26 (Reuters) - An unidentified investor is preparing to buy a stake in Mauritius’ MauBank, which was formed by the merger of two banks bailed out by the government, its CEO said on Monday.

“It is up to the shareholders to agree on the amount and what stakes they are ready to sell,” Shridar Nagarajan, CEO of MauBank told Reuters.

Reporting by Jean Paul Arouff; Writing by Duncan Miriri; Editingby Louise Heavens

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