Author: Anthony Persuader

Financial Journalist with global coverage.

Titan Trust to Acquire Minority Interest in Union Bank Following the acquisition of majority shares in Union Bank of Nigeria Plc, Titan Trust Bank Limited has indicated interest to buy the remaining shares currently outside its control. In a statement filed with the regulator, Union Bank of Nigeria told the Nigerian Exchange Limited and other stakeholders that the Bank’s core shareholder, has informed the Board of Directors of an offer for the acquisition of all the shares held by the minority shareholders. The bank added that the transaction will be implemented by way of a Scheme of Arrangement between the…

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