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Fidelity Bank acquires Union Bank UK subsidiary

According to the 2022 annual reports of Union Bank of Nigeria, the former owners of UBUK, the subsidiary had been sold for a cash consideration of N8.3bn, effective May 31, 2022.

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Fidelity bank Plc acquires 100 per cent stake in Union bank UK

The Board of Directors of the Bank is confident that acquisition will unlock significant value for the Fidelity Bank Group and is

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Fidelity Bank Buys Union Bank UK, Takes On Zenith, UBA, Access, GTB, First Bank for Market Share

Fidelity Bank has finally completed the acquisition of Union Bank UK, a subsidiary of the Union Bank of Nigeria, and has received approval from the UK government

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Fidelity Bank completes acquisition of Union Bank s UK subsidiary

Fidelity Bank completes acquisition of Union Bank s UK subsidiary
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Fidelity Bank completes takeover of Union Bank UK

The buyout allows Fidelity Bank, which is aspiring to join the league of Tier lenders in Nigeria to expand beyond its base.

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