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Business Atlas Mara ups stake in Union Bank to 48% – Nairametrics


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Robert E. Diamond, Jr. Chairman, Founder, Atlas Mara Africa focused investment bank, Atlas Mara has upped its stake in tier two lender Union Bank to 48%. Prior to the rights issue, Atlas had a 42% stake. Union Bank recently concluded a N50 billion rights issue, which is 20% over subscribed. Proceeds …

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via Nairametrics – http://ift.tt/2DBYZaT

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