Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,880 members, 7,817,594 topics. Date: Saturday, 04 May 2024 at 03:10 PM |
Nairaland Forum / Nairaland / General / Skye Bank Acquires Mainstreet Bank (750 Views)
Gas Explosion Near Skye Bank Minna / Mainstreet Bank (Afribank) Sacks 600 Employees / Sterling Bank Acquires Equitorial Trust Bank (2) (3) (4)
(1) (Reply)
Skye Bank Acquires Mainstreet Bank by Leadn(m): 7:55am On Nov 11, 2014 |
It’s official, Skye Bank are strengthening their grip in the finance sector with the acquisition of Mainstreet bank. image With the completion and signing of share purchase agreements (SPAs) with the Assets anagement Corporation of Nigeria (AMCON), Skye Bank Plc is stepping up to the level of 1st tier banks. AMCON, in a statement signed by its Head, Corporate Communications Strategy and Research, Mr. Kayode Lambo, last week announced that Skye Bank is the preferred bidder for the acquisition of the entire issued and fully paid-up ordinary shares of Mainstreet Bank. Within four days of AMCON’s announcement of Skye Bank as the preferred bidder for Mainstreet Bank, Skye Bank paid the mandatory 20% deposit of the bid price, which was the same day it signed the SPA and well ahead of the deadline, which was October 9, 2014. Skye Bank again, on Oct. 31, paid the 80% balance to complete the take-over of Mainstreet Bank ahead of the transaction deadline. |
Re: Skye Bank Acquires Mainstreet Bank by gede7744(f): 8:01am On Nov 11, 2014 |
that bank is a silent achiever. don't make much noise like some we know with their poor banking etiquette |
Re: Skye Bank Acquires Mainstreet Bank by Leadn(m): 8:57am On Nov 11, 2014 |
gede7744: LOL, but they are not every where like some... |
(1) (Reply)
my funny pix / Oga Seun U No Dey Do Nairaland Give-away / Seun Needs To Change His Mods This New Year. Dey Are Making FP Boring
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |