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Zenith, Access Banks express interest to acquire Union Bank —Atlas Mara

Zenith, Access Banks express interest to acquire Union Bank —Atlas Mara
tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.

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Bloomberg: Zenith, Access Banks Express Interest to Acquire Union Bank


Obinna Chima with agency report
Two Nigerian lenders – Zenith Bank Plc and Access Bank Plc – are among the list of financial institutions from Africa and the Middle East that have indicated an interest in the acquisition of Union Bank Plc and other African assets of Atlas Mara Group, a Pan-African banking group.
Bloomberg which disclosed this quoted sources familiar with the matter to have disclosed that Atlas Mara Limited, the London Stock Exchange-listed pan-African banking group started by Mr. Bob Diamond has received a number of approaches for its 49.97 per cent holding in Lagos-based Union Bank of Nigeria.
Zenith Bank Plc and Access Bank Plc are among the suitors that have expressed interest alongside other African rivals such as Morocco’s Attijariwafa Bank, the sources said. ....

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Zenith, Access Banks Express Interest To Acquire Union Bank


Obinna Chima with agency report
Two Nigerian lenders – Zenith Bank Plc and Access Bank Plc – are among the list of financial institutions from Africa and the Middle East that have indicated an interest in the acquisition of Union Bank Plc and other African assets of Atlas Mara Group, a Pan-African banking group.
Bloomberg which disclosed this quoted sources familiar with the matter to have disclosed that Atlas Mara Limited, the London Stock Exchange-listed pan-African banking group started by Mr. Bob Diamond has received a number of approaches for its 49.97 per cent holding in Lagos-based Union Bank of Nigeria.
Zenith Bank Plc and Access Bank Plc are among the suitors that have expressed interest alongside other African rivals such as Morocco’s Attijariwafa Bank, the sources said. ....

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Diamond's Atlas Mara Receives Approaches for Africa Assets


Diamond’s Atlas Mara Receives Approaches for Africa Assets
May 06 2021, 11:11 AM
May 05 2021, 9:46 PM
May 06 2021, 11:11 AM
(Bloomberg) Atlas Mara Ltd., the pan-African banking group started by Bob Diamond, has drawn interest from Nigerian and Middle Eastern lenders for its remaining assets on the continent, according to people familiar with the matter.
(Bloomberg) Atlas Mara Ltd., the pan-African banking group started by Bob Diamond, has drawn interest from Nigerian and Middle Eastern lenders for its remaining assets on the continent, according to people familiar with the matter.
The London-listed group has received a number of approaches for its 49.97% holding in Lagos-based Union Bank of Nigeria Plc, the people said, asking not to be identified as the talks are private. Nigeria’s Zenith Bank Plc and Access Bank Plc are among suitors that have expressed interest, alongside other African rivals such as Morocco’s Attijariwafa Bank, ....

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Atlas Mara says Nigerian and Middle East banks among suitors for Africa assets


Atlas Mara says Nigerian and Middle East banks among suitors for Africa assets
Company started by Bob Diamond says it has completed its restructuring process, and extended a standstill agreement with its creditors to May 17
05 May 2021 - 21:03 Dinesh Nair, Loni Prinsloo and Emele Onu
Bob Diamond. Picture: BLOOMBERG
Atlas Mara, the pan-African banking group started by Bob Diamond, has drawn interest from Nigerian and Middle Eastern lenders for its remaining assets on the continent, according to people familiar with the matter.
The London-listed group has received a number of approaches for its 49.97% holding in Lagos-based Union Bank of Nigeria, the people said, asking not to be identified as the talks are private. Nigeria’s Zenith Bank  and Access Bank are among suitors that have expressed interest, alongside other African rivals such as Morocco’s Attijariwafa Bank, the people said. ....

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