Centum Backtracks on Buyout Deal with Access Bank

Centum Investment Company PLC has backtracked on a buyout deal with Nigerian lender Access Bank. In the deal, Nigeria’s biggest lender, Access Bank Plc, was to acquire Centum Investment’s 83.4% stake in Sidian Bank. Centum owns 83.4% of Sidian’s issued shares directly and through its wholly-owned subsidiary, Bakki Holdco Limited. However, in a statement on … Continue reading Centum Backtracks on Buyout Deal with Access Bank