Tag: Merger
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Shareholders list conditions to approve Diamond, Access Banks merger
The proposed merger between Diamond Bank and Access Bank is still generating mixed reactions from different stakeholders. Some hours after the information was confirmed by both banks, shareholders of Diamond Bank gave their views on the issue. It is important to note that before the merger can scale through, both shareholders of the financial institutions…
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Merger: We are yet to receive official notification from Access, Diamond Banks – SEC
The Securities and Exchange Commission (SEC) on Monday said it was yet to receive official notification of the proposed merger between Access Bank Plc and Diamond Bank Plc. The apex capital market regulator, insisted that only the formal application will form the basis of regulatory approval. “The SEC received on Monday, Dec 17 2018, notice…
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No merger talks with any party – APGA
The All Progressives Grand Alliance (APGA) on Friday in Abuja insisted it would not merge or enter into any alliance talk with any political party ahead of 2019 general elections. National Director of Publicity of the party, Mr Ifeanacho Oguejiofor, told the newsmen that contrary to reports, the party would remain committed and faithful to…