Tag: acquisitions

Africa Energy Forum Welcomes Global Investors to London in its 18th Year

February 29, 2016/AEF/APO The 18th annual Africa Energy Forum (AEF) will be held on 21-24 June in London at the brand new London Intercontinental O2 overlooking the River Thames. The Africa Energy Forum is the global investment meeting for Africa’s power, energy, infrastructure & industrial sectors, expected to welcome 1,000 investors, 500 […]

Sterling Bank Eyes Acquisitions-Reuters

By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Friday its seeking to buy one (1) or two (2) mid-tier banks as sharp falls in the value of the naira and increased regulatory pressure are forcing banks to recapitalise, according to Reuters quoting Abubakar Suleiman, its chief financial officer (CFO). According […]

GTBank Acquires 70% Stake in Offshore Bank

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (“GTBank”) Tusday announced it has acquired a 70 percent (70%) stake in Fina Bank Limited,  (“Fina Bank”) .   Fina Bank in a notice to the Nigerian Stock Exchange (NSE) said it has reached an in-principle agreement for the acquisition by […]