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Financial News

Sep 2013 Financial News

RBL - Acquisition of shares in HFC Bank Ghana Limited

Sep 27, 2013

Republic Bank Limited has informed the Stock Exchange that it has purchased an additional 7.98% shareholding in HFC Bank Ghana Limited from Union Bank of Nigeria PLC. The transaction involved 23,638,340 ordinary shares at a price of GHS 0.67 (USD 0.31) per share and increases Republic Bank’s shareholding in HFC Bank to 40%.


Source:
The Trinidad and Tobago Stock Exchange Limited
Friday September 27, 2013