FBN Holdings clarifies on divestment of FBNQuest Merchant Bank …C0NTINUE READING HERE >>>
FBN Holdings Plc, on Tuesday explained the rationale behind the divestment of its Merchant Banking business to EverQuest Acquisition LLP.
The Holding company also listed its other entities and businesses not included in the sale.
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Mr Adewale Arogundade, Acting Company Secretary of the Holdings made the clarification in a notification sent to the Nigerian Exchange Ltd.(NGX) in Lagos.
A divestment involves a company selling off full or partial stake of its assets through…
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