Shareholders will receive N7.00 per scheme share as a consideration for share transfer following the acquisition of shares held by all minority shareholders in Union Bank Plc by Titan Trust Bank Limited. This was part of the resolutions passed at…
Union Bank Plc has disclosed that it has received an offer from its core shareholder ,Titan Trust Bank Limited to acquire the shares of all minority shareholders in Union Bank. Union Bank stated this in a Proposed Scheme of Arrangement…
Titan Trust Bank (TTB) has received a $300 million Intra-African Investment Financing Facility from Afreximbank to help it acquire a controlling share in Union Bank of Nigeria (UBN) plc. This was disclosed in a statement signed by Amadou Sall, Afreximbank’s…
Titan Trust Bank (TTB) has completed the process of acquiring majority shareholding in Union Bank of Nigeria (UBN) Plc. The acquisition will give TTB up to a controlling 89.39 per cent equity stake in the first generation bank. Trading reports…
By Uthman Salami The Board of Union Bank of Nigeria Plc (Union Bank) has notified the NGX and Securities Exchange Commission that through its investors Union Global Partners Limited, Atlas Mara Limited and other shareholders have agreed to divest to…
