FBN HoldCo Completes Sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP
FBN HoldCo has finalized the sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP, achieving full divestment in compliance with Nigerian regulatory standards. The Central Bank of Nigeria approved the transaction, signaling the transfer of ownership.
Abiola Baruwa, the Group Company Secretary, confirmed the completion of the deal, emphasizing the company's commitment to transparency and regulatory compliance. Further details on post-sale restructuring were not immediately provided, but FBN HoldCo assured stakeholders of its dedication to transparent corporate actions.
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