Skye Bank Emerges Preferred Bidder For Mainstreet Bank

Posted On 13 October, 2014

Banwo & Ighodalo is presently advising the Asset Management Corporation of Nigeria (AMCON), who last week announced Skye Bank Plc as the preferred bidder for the acquisition of 100% equity in Mainstreet Bank.

Skye Bank emerged the preferred bidder after a rigorous bidding exercise that spanned 5 months, in which 25 foreign and local entities had initially exhibited interest.

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