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Announced

23 Jul 2025

Shareholders of Click to acquire a 49% stake in Tenge Bank for $60.8m.

Synopsis

Shareholders of Click, a fintech company, agreed to acquire a 49% stake in Tenge Bank, a universal bank operating in Uzbekistan, from Halyk Bank, a commercial savings bank in Kazakhstan, for $60.8m.

Principals

target

Tenge Bank Jsc

bidder

Click Jsc

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Market Context

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Seller Team (2)

madina yusupova

Managing Director at TENGE BANK JSC

Manager

target

Deal

£ 45 M

Total Value

koshenov murat uzakbayevich

Chairman of the Supervisory Board of the Bank at TENGE BANK JSC

Manager

target

Deal

£ 45 M

Total Value

Bidder Team (3)

john mann

Director at Montfort Communications

PR Consultant

bidder

Deals

£ 176 M

Total Value

ulugbek rustamov

General Manager at CLICK JSC

Manager

bidder

Deals

£ 176 M

Total Value

gayden metcalfe

Senior Consultant at Montfort Communications

PR Consultant

bidder

Deals

£ 4.38 B

Total Value

Vendor Team (4)

rustam telish

Investor Relations Manager at HALYK BANK JSC

Manager

vendor

Deals

£ 176 M

Total Value

alexander pavlov

Chairman at HALYK BANK JSC

Manager

vendor

Deals

£ 176 M

Total Value

mira tiyanak

Head of Financial Institutions at HALYK BANK JSC

Manager

vendor

Deals

£ 176 M

Total Value

umut shayakhmetova

Chairperson of the Management Board at HALYK BANK JSC

Manager

vendor

Deals

£ 176 M

Total Value

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