Access Bank Holding Plc says it plans to acquire Kenya’s Sidian Bank Ltd., for N15 billion ($37 million). The bank disclosed this in a notice signed by Mr Sunday Ekwochi, Company Secretary of the bank, and made available on the Nigerian Exchange Ltd., on Wednesday in Lagos. The bank said its subsidiary, Access Bank, had signed agreement with Centum Investment Company Plc (‘Centum’) for the acquisition of the entire 83.4 per cent equity stake held by the company in Sidian Bank Ltd. Centum Investment Plc, a leading East Africa investment…
Read MoreACCESS BANK TO ACQUIRE $37M STAKE IN KENYA’S SIDIAN BANK
