The real owners of Union Bank after Titan Trust takeover - Premium Times


6/5/2022 12:00:00 AM2 years 11 months ago
by Ronald Adamolekun

The takeover of Union Bank by Titan Trust Bank last week, hands over control of the bank to TGI, an investment company with interests in pharmaceuticals, FMCG, agricultural inputs, homecare products and industrial chemicals.

The consummationthis week of a share sale and purchase deal handing 93.4 per cent stake held by a group of core investors in the more-than-a-century old Union Bank of Nigeria Plc to Titan Trust Bank … [+5400 chars]

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