Uba/stb- Amerger Or An Acquisition. - Nairaland / General - Nairaland
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| Uba/stb- Amerger Or An Acquisition. by victord1st: 6:34pm On Sep 22, 2009 |
Friends and proffessionals in the forum, an arguement just errupted this afternoon i need to know which is right.my lecturer in my prof. study today tried to let us know that STANDARD TRUST BANK ACQUIRED UBA,pls i need to know if this is actually true,because i was so sure that it was the other way round.kindly post reply with good reason and if possible relevant info to backup your reasons,thx. no arguement pls. |
| Re: Uba/stb- Amerger Or An Acquisition. by candylips(m): 9:24pm On Sep 22, 2009 |
it is the other way around. UBA acquired STB thats why the combined name remains UBA |
| Re: Uba/stb- Amerger Or An Acquisition. by victord1st: 10:49am On Sep 23, 2009 |
bro, from the info on their website the guy seem to be correct,because according link below, the top management are all from stb,i looks like a merger on paper but in fact an acquisition.can someone post their (uba and stb)financial position before the merger,maybe the truth will be on this details. |
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