Here is why the lender’s principal owner is ‘considering sale of half of stake’ Atlas Mara has received offers from local banks wishing to buy over Union Bank. The holder of the biggest stake in Union Bank of Nigeria is contemplating its future with the Lagos-based lender, as its 49.97 per cent ownership has received acquisition offers from domestic bidders, Bloomberg has reported, citing insiders familiar with the subject. Early interests in the shareholding of Atlas Mara, a financial services holding company, quoted on the London Stock Exchange,…
Read MoreUnion Bank’s 50% Stakes up for sale – Report
