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All posts tagged "ACA"

  • Shareholders decry Union Bank, ACA’s $750m recapitalisation agreement

    The recapitalisation agreement recently embarked upon by Union Bank with African Capital Alliance (ACA) may be heading for the rocks, as shareholders of the bank have described the move as an exercise in futility. The shareholders said...

    • Posted March 30, 2011
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  • African Capital Alliance to invest $750m in Union Bank

    UNION Bank of Nigeria Plc has signed a Memorandum of Agreement (MOA) with the African Capital Alliance Consortium (ACA Consortium) to invest $750 million in the bank. This is sequel to the earlier announcement that the bank...

    • Posted March 24, 2011
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  • Finance group to invest N112.5b in Union Bank

    Union Bank has signed a memorandum of Agreement (MOA) with the African Capital Alliance Consortium (ACA Consortium ) to invest N112.5 billion ($750 million) in the bank. This is sequel to the earlier announcement that the bank...

    • Posted March 23, 2011
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