Union Bank refutes acquisition by Access Bank
July 9, 2019883 views0 comments
Union Bank Plc has dispelled rumours making the round that it was a subject of acquisition bid by Access Bank Plc.
An online site, agepne.com had alleged that Access Bank was desirous of acquiring Union Bank and that processes towards this end had begun.
However, Union Bank, in a notice it sent to the Nigeria Stock Exchange today and signed by Sonubi Shomuyiwa, its company secretary, said there was no trith in the allegation.
It urged members of the public to disregard the rumour
Read Also:
- World Bank, AfDB strike partnership to boost electricity access for 300…
- Alebiosu, banking veteran, replaces Adeduntan as First Bank MD/CEO
- Adeduntan leaves after 9-years leading Nigeria’s oldest bank
- Nigeria banks on low-interest $2.25bn World Bank loan to boost economic recovery
- Access Holdings chairman bullish about raising $300m new capital