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ATMAWed, 30th Jan 2019 17:59
LONDON (Alliance News) - Atlas Mara Ltd on Wednesday said Barclays PLC upped its holding in the African banking sector investor following the transaction on Wednesday last week.
The FTSE 100-listed bank increased its stake to 5.9% from below the notifiable level.
Atlas Mara was founded by former Barclays Chief Executive Officer Bob Diamond. Diamond is currently Atlas Mara's Chair.
Shares in Atlas Mara closed flat Wednesday at USD1.68. Barclays ended the day up 0.3% at 161.84 pence each.
LONDON (Alliance News) - UK shares have opened lower Tuesday on a weak lead from the US and renewed concerns about Ukraine.
Barclays PLC has reached a settlement with Guardian Care Homes ahead of a court case that was being seen as the measure of whether customers w
LONDON (Alliance News) - The following is a summary of top news stories Monday.
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COMPANIES
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British drugmaker GlaxoSmithKline PLC is investigating claims of improper conduct related to its business in Iraq, less than a y
LONDON (Alliance News) - Weak leads from the US and Asia have combined with continued tensions in the Ukraine to depress UK shares at the open Monday.
Among UK corporate news at the start of the week, Kentz said it has been awarded a USD570 million services contract
LONDON (Alliance News) - Atlas Mara Co-Nvest Ltd, the investment firm listed on the London Stock Exchange by former Barclays PLC Chief Executive Bob Diamond, has announced its second acquisition of an African bank in as many weeks, the Financial Times reported. The FT said Atlas Mara announ
Read moreLONDON (Alliance News) - Atlas Mara Co-Nvest Ltd Monday said it has agreed to acquire a majority stake in sub-Saharan African bank ABC Holdings Ltd (Banc ABC) and ADC African Development Corporation AG for up to USD265 million in cash and shares. In a statement, Atlas Mara, co-founded by ex
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Atlas Mara, the African banking company co-founded by former Barclays boss Bob Diamond, has agreed its first two acquisitions. Diamond and co-founder Ashish Thakkar have signed agreements to acquire a majority of BancABC and ADC African Development Corporation for $265m in cash and Atlas Mara shar
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