Dentons advises on African bank deal

Denton Wilde Sapte advised private equity group Emerging Capital Partners on its third African banking deal in a row. Dentons’ Paris office acted for the group on the acquisition of a $28m (£16.22m) stake in Togo-based regional ­commercial bank Financial BC SA (FBC). FBC is the holding ­company and operates 20 branches in Benin, Togo, Gabon, Chad and Guinea. ­Cabinet Martial Akakpo in Togo advised Dentons on local legal matters. Fénéon et Delabriére was the private vendor’s counsel in Paris.