March 20, 2019 / 3:58 PM / a month ago

Nigeria's Access Bank shares hit three-week high after court approves Diamond Bank takeover

FILE PHOTO: An Access bank signage is displayed on the roof of the bank's building along Herbert Macualay way in Abuja, Nigeria, August 30, 2017. REUTERS/Afolabi Sotunde

LAGOS (Reuters) - Shares of Nigeria’s Access Bank hit a 3-week high on Wednesday, a day after the local court approved its 72 billion naira ($235 million) takeover of rival Diamond Bank

The top-tier lender gained 9.24 percent to its highest level since Feb 26.

Reporting by Chijioke Ohuocha; Editing by Kirsten Donovan

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below