Wema Bank Positions For Acquisition, Merger - Business

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Wema Bank Positions For Acquisition, Merger - Business - Nairaland

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Wema Bank Positions For Acquisition, Merger by Adesiji77: 10:20pm On May 06, 2016

Wema Bank plc yesterday sought shareholders approval to enter into discussions, negotiations, and or agreement with any bank, financial or non-financial institution locally or internationally for the purpose of acquisition, merger, and equity investment in such bank or institution or undertake any business combination beneficial to the bank.

The bank also sought the approval of its shareholders to raise additional capital of such amount as shall be appropriate for the business of the bank either locally or internationally through the issuance of tenured bonds, irredeemable preference shares, notes, equity or debts (or a combination of both) loans in any currency, whether or not convertible to shares, or any other methods in one or more tranches and at such interest rates, pricing and terms to be determined by the directors as they deem appropriate.

http://businessdayonline.com/2016/05/wema-bank-positions-for-acquisition-merger-equity-investment/

3 Likes 2 Shares

Re: Wema Bank Positions For Acquisition, Merger by NaijaCuzin: 11:26am On May 07, 2016

ok

twitter react over implementation of budget

http://9japikinblog..co.id/2016/05/budget2016-twitter-reacts-over.html?m=1

sw:
Nice.
Whaoooo!
First to comment

next time use 5G

4 Likes

Re: Wema Bank Positions For Acquisition, Merger by iamVirus(m): 11:26am On May 07, 2016

Re: Wema Bank Positions For Acquisition, Merger by countsparrow: 11:26am On May 07, 2016

Na so society generale talk b4 dem close shop, Wema!!! Is my money safe?

2 Likes

Re: Wema Bank Positions For Acquisition, Merger by amakufrancis(m): 11:26am On May 07, 2016

Wema bank

1 Like

Re: Wema Bank Positions For Acquisition, Merger by Teewhy2: 11:26am On May 07, 2016

Oldest indigenous bank going into acquisition will not be a good one. There are 4 banks. I will not appreciate been sold due to their rich historical culture in Nigeria and Africa as a whole. First Bank, union Bank, UBA and wema bank.

11 Likes 1 Share

Re: Wema Bank Positions For Acquisition, Merger by excelfele(m): 11:27am On May 07, 2016

Its ok

Re: Wema Bank Positions For Acquisition, Merger by omanifrank(m): 11:27am On May 07, 2016

ok na

Re: Wema Bank Positions For Acquisition, Merger by hok4u(f): 11:27am On May 07, 2016

Some people are about losing their job. . . Change is here truly.

2 Likes

Re: Wema Bank Positions For Acquisition, Merger by sw: 11:27am On May 07, 2016

Nice.

Whaoooo!

First to comment

Re: Wema Bank Positions For Acquisition, Merger by Qmerit(m): 11:27am On May 07, 2016

Acquire those bank that ate our YAM together with some politicians in the......

Re: Wema Bank Positions For Acquisition, Merger by tolexy123: 11:28am On May 07, 2016

Re: Wema Bank Positions For Acquisition, Merger by seunlayi(m): 11:28am On May 07, 2016

I don't know why I just dislike this bank

5 Likes

Re: Wema Bank Positions For Acquisition, Merger by Ericardo7(m): 11:28am On May 07, 2016

Wow......Where d bank people for d house....make una talk na

Re: Wema Bank Positions For Acquisition, Merger by oshe11: 11:28am On May 07, 2016

must I comment even wen I obviously av ntin to say?

Re: Wema Bank Positions For Acquisition, Merger by adioolayi(m): 11:28am On May 07, 2016

Good one...they've got good customers service..time to move from being a regional bank grin

1 Like

Re: Wema Bank Positions For Acquisition, Merger by Ericardo7(m): 11:28am On May 07, 2016

End time bank!

Re: Wema Bank Positions For Acquisition, Merger by nurez305(m): 11:28am On May 07, 2016

Another set of Nigerian to loose their job....it is well

Re: Wema Bank Positions For Acquisition, Merger by spontane(m): 11:28am On May 07, 2016

I thought they were in talks with Keystone for acquisition

Re: Wema Bank Positions For Acquisition, Merger by AlexCk: 11:29am On May 07, 2016

All these banks sef,
Wema, Union, Eco,
They should just come together and be one jare. grin

3 Likes

Re: Wema Bank Positions For Acquisition, Merger by Abalado(f): 11:29am On May 07, 2016

This yoruba bank self,,,bt their service is very good o,so why d merger again nau..nawa o,BUHARI SEY U DEY HEAR SHA?

Re: Wema Bank Positions For Acquisition, Merger by domopps(m): 11:29am On May 07, 2016

Someone should pls confirm the amount for me.....am interested!

Cheeeeers

Re: Wema Bank Positions For Acquisition, Merger by maadman: 11:29am On May 07, 2016

..is wema bank still in existence? Efcc /Cbn pls investigate and ensure you give clean bill of health before they hoodwink Nigerian investors & depositors of their hard earned money.
Also ensure their MD did not partake in the Jona/dieziannie jamboree!
Lastly make sure its not Tinubu & his cronies (and em' likes) that are devising another means of acquiring a bank...

1 Like

Re: Wema Bank Positions For Acquisition, Merger by oshe11: 11:30am On May 07, 2016

sw:
Nice.

Whaoooo!
First to comment

example of y I dislike fone dat uses 2G

abi mk we blame MTN?

Re: Wema Bank Positions For Acquisition, Merger by adedayourt(m): 11:30am On May 07, 2016

sw:
Nice.

Whaoooo!

First to comment

av u counted d pple bfor u b4 u strt claiming first to comment grin

better luck nxt time tongue

Re: Wema Bank Positions For Acquisition, Merger by yomalex(m): 11:31am On May 07, 2016

Hmm

Re: Wema Bank Positions For Acquisition, Merger by oshe11: 11:31am On May 07, 2016

sumbodi help me oooo

I'm gettin addictd to FP grin

Re: Wema Bank Positions For Acquisition, Merger by oshe11: 11:31am On May 07, 2016

sumbodi help me oooo

I'm gettin addictd to FP grin

Re: Wema Bank Positions For Acquisition, Merger by Optimisticgondy(m): 11:31am On May 07, 2016

Better!

Re: Wema Bank Positions For Acquisition, Merger by Allwility: 11:32am On May 07, 2016

Wema Bank?? grin

1 Like

Re: Wema Bank Positions For Acquisition, Merger by Abalado(f): 11:32am On May 07, 2016

oshe11:
must I comment even wen I obviously av ntin to say?

Oh ho,,thank God u knw,mumu..

Re: Wema Bank Positions For Acquisition, Merger by Nobody: 11:32am On May 07, 2016

_{why na}

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