Corporate grip: Jostle for banks heightens, top guns widen shares, block 'invaders'
Over fears of corporate raids, the executives are increasing their stakes in their banks by aggressively mopping up shares.
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Over fears of corporate raids, the executives are increasing their stakes in their banks by aggressively mopping up shares.
Tony Elumelu and his wife, Awele Vivien, have purchased almost 23 million new shares in United Bank For Africa (UBA) in a strategic effort to strengthen their
Mrs Elumelu bought a total of 9,624,441 units of UBA shares at an average price of N20.71. She bought the shares in four tranches
Billionaire shareholders in some leading banks and other companies have raised their stakes, it has been learnt.
Newmark (NMRK) has launched a new capital markets arm specializing in data centers and tapped Brent Mayo, from investment bank DH Capital, to help lead the group. Mayo will work with the capital markets team on helping arrange financing and acquisitions of data centers and other kinds of digital infrastructure, alongside Newmark’s data center consulting advisory group.