Diamond Bank, Access Bank Dispel Rumour Of Business Combination, Notify NSE

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Diamond Bank Plc and Access Bank Plc have notified the Nigerian Stock Exchange (NSE) and the general public that both banks are not in any merger or acquisition talks as being circulated in some media. The banks, in separate statements to the exchange on Monday, denied the rumours that they were engaged in merger and […]

 

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مصر أحدث الأخبار, مصر عناوين

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‘Access Bank Has Enough Financial Capacity To Commensurate Diamond Bank Merger’Access Bank said it has enough financial capacity to commensurate Diamond Bank merger with the bank. Also, the bank said it will be issuing about 6.62 billion shares to Diamond Bank shareholders in bringing them to the new larger entity. In a press briefing in Lagos, the chief executive of Access Bank, Herbert Wigwe said […]
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Mixed reactions trail Diamond Bank merger with Access Bank – Daily TrustDiamond Bank Plc shareholders on Monday expressed mixed reactions to its merger with Access Bank Plc. Daily Trust reports that board of Diamond Bank finally confirmed its acquisition with Access Bank Plc which is expected to be completed in first half of 2019.ADVERTISEMENT Both banks recently denied media reports of any business merger or combination. …
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