Business Moroccan Bank, Skye, Fidelity Top List of Bidders for Mainstreet Bank



According to reports a Moroccan bank, Skye Bank Plc and Fidelity Bank Plc top the list of potential buyers of Mainstreet Bank.

Excerpt from #Punch:

A Moroccan bank, Skye Bank Plc and Fidelity Bank Plc are among the top seven shortlisted as potential buyers of Mainstreet Bank, top officials close to the bidding process revealed on Wednesday.

The Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, had told our correspondent two weeks ago that AMCON advisers had shortlisted seven potential buyers for Mainstreet Bank. He, however, declined to mention their names.

But sources close to the transaction disclosed to our correspondent on Wednesday that aside the Moroccan bank, Skye Bank and Fidelity Bank were among those eyeing Mainstreet Bank, while the remaining four bidders included a consortium of local buyers being backed by foreign financiers.

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#AMCON #Punch #Fidelity #Skye #Mainstreet