Access Bank shareholders to discuss acquisition of Diamond Bank - Premium Times Nigeria

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Access Bank shareholders to discuss acquisition of Diamond Bank

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This is not a good news at all considering the potential job losses the deal could bring about, although it could be that it might have saved a worst situation

Am not understanding, get me my 👓 Nkechi

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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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Access Bank Shareholders Ratify Merger With Diamond BankThe shareholders of Access Bank Plc yesterday ratified its merger with Diamond Bank as the managing director and chief executive of the bank, Herbert Wigwe, assured of continued returns to shareholders. Speaking at the court ordered meeting in Lagos yesterday, Wigwe said while Diamond bank was coming into the union with bad debts, Access Bank […]
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Court seals Access Bank, Diamond Bank merger - The Nation NigeriaThe Federal High Court (FHC) has sanctioned the approved scheme of merger between Access Bank Plc and Diamond Bank Plc, the final seal that effectively brings the merger of the two commercial banks into effect. Consequently, the Nigerian Stock Exchange (NSE) yesterday suspended trading on the shares of Diamond Bank Plc, which will be dissolved …
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