Access Bank To Buy 75% Of Intercontinental Bank - Business - Nairaland
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Access Bank To Pay N53.47 Billion For 75% Of Intercontinental Bank / Intercontinental Bank And Access Bank Merge? / Extortion By Intercontinental Bank PLC (2) (3) (4)
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| Access Bank To Buy 75% Of Intercontinental Bank by thenewsman: 4:42pm On Aug 29, 2011 |
Access plans to use money it raised in 2007 to pay for the transaction. Access Bank has announced that it will seek shareholders approval to acquire a 75 percent stake in rescued rival Intercontinental Bank and use 53 billion Naira it had raised in 2007 to fund the transaction. Read More >> http://dailytimes.com.ng/article/access-bank-buy-75-intercontinental-bank |
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