First HoldCo Plc says it has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP.
In a terse statement on Monday signed by its group company secretary, Abiola Baruwa, First HoldCo said the transaction was finalized after obtaining all necessary regulatory approvals from the Central Bank of Nigeria.
The full text of the statement is published below…
NOTIFICATION OF COMPLETION OF SALE OF FBNQUEST MERCHANT BANK LIMITED
In line with the Nigerian Exchange Limited (NGX) Rulebook, we wish to inform NGX and the investing public that First HoldCo Plc has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. This transaction has been finalized after obtaining all necessary regulatory approvals from the Central Bank of Nigeria.
For First HoldCo Plc
Abiola Baruwa
Group Company Secretary
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