SAT SEPT 07 2024-theGBJournal| FBN Holdings Plc said Friday it has entered into a Share Sale and Purchase Agreement to divest its 100% equity stake in its wholly owned subsidiary, FBNQuest Merchant Bank Limited.
FBN Holdings said ”this sale is in alignment with the Company’s strategy to optimize its portfolio within the Group.”
FBN Holdings also announced EverQuest Acquisition LLP (comprising Custodian Investments Plc, Aion Investmentys and Evercorp Industries) as selected preferred bidder after a ”competitive bid process.”
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