Nigerian Lender, Access Bank Acquires Sidian bank From Centum for Sh4.3 bn
Centum Investment Company Plc has agreed to sell its entire equity stake in Sidian Bank Limited (‘Sidian’) to Access Bank Plc for KES4.3 billion. Centum owns 83.4 percent of Sidian’s issued shares, both directly and indirectly through Bakki Holdco Limited, its wholly-owned subsidiary. Sidian is planned to be merged with Access Bank’s Kenyan unit in…