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LequteMan
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Nigeria- Skye Bank Plc has completed the purchase of Mainstreet Bank from the Asset Management Corporation of Nigeria, AMCON, Vanguard reports:
The last tranche of the money for Mainstreet Bank acquisition was paid to AMCON on Friday, October 31 ahead of theNovember 3 deadline.
http://www.vanguardngr.com/2014/11/skye-bank-completes-payment-mainstreet-acquisition/
The 80 per cent balance payment was made to AMCON in fulfillment of the Share Sale and Purchase Agreement earlier signed by both AMCON and Skye Bank.
http://www.vanguardngr.com/2014/11/skye-bank-completes-payment-mainstreet-acquisition/
Skye Bank had on October 9, 2014, paid the mandatory deposit of 20 per cent for the acquisition of the target Bank, with a pledge to complete the 80 per cent balance payment within the agreed time frame.
click here to read more
#Nigeria #SkyeBank #AMCON #MainstreetBank
The last tranche of the money for Mainstreet Bank acquisition was paid to AMCON on Friday, October 31 ahead of theNovember 3 deadline.
http://www.vanguardngr.com/2014/11/skye-bank-completes-payment-mainstreet-acquisition/
The 80 per cent balance payment was made to AMCON in fulfillment of the Share Sale and Purchase Agreement earlier signed by both AMCON and Skye Bank.
http://www.vanguardngr.com/2014/11/skye-bank-completes-payment-mainstreet-acquisition/
Skye Bank had on October 9, 2014, paid the mandatory deposit of 20 per cent for the acquisition of the target Bank, with a pledge to complete the 80 per cent balance payment within the agreed time frame.
click here to read more
#Nigeria #SkyeBank #AMCON #MainstreetBank
