Africa Prudential Registrars Plc Completes Acquisition of UAC Registrars-All Africa
All Africa reported that Africa Prudential Registrars Plc announced that it recently completed the acquisition of UAC Registrars. A statement said the Share Sale and Purchase Agreement (SSPA) between Africa Prudential Registrars and UAC of Nigeria Plc was executed by both parties in Lagos. The deal is expected to integrate the resources of both companies and drive the deployment of information technology platforms to further reduce operating expenses and increase overall profitability. UAC Registrars manages the registers of six client companies, including UAC of Nigeria Plc. Financial details were not disclosed.
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