Archives Tag: Union Global Partners

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Standard Chartered Bank, others, buy Union Bank for $500 million

April 19, 2022

Standard Chatered Bank, a member of a strategically aligned group of investors, that came together to form Union Global Partners, has bought 65% stake in Union Bank of Nigeria Plc, or 11,008,274,206 common shares for $500 million dollars. This recapitalization of the bank, comes as a reformist MD, Funke Osibodu, bows out and a new … Continue reading Standard Chartered Bank, others, buy Union Bank for $500 million

By david

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