Investment company, MBU Capital, has agreed to acquire Union Bank UK plc (UBUK) from the Union Bank of Nigeria PLC (UBN), subject to regulatory approvals in the UK and Nigeria.
Union Bank of Nigeria has brokered a deal to divest its 100% equity stake in UK subsidiary, Union Bank UK (UBUK), to MBU BidCo.
MBU is an acquisition vehicle owned by MBU Capital.
Union Bank of Nigeria (UBN) Plc has announced plans to sell its United Kingdom subsidiary. The proposed sell-off is a share sale and purchase agreement, where Union Bank of Nigeria Plc will divest its 100% equity stake in Union Bank UK Plc.
(London) – Akin Gump is advising MBU Capital on its acquisition of Union Bank UK Plc from Union Bank of Nigeria Plc. The transaction is subject to regulatory approvals from the relevant authorities in Nigeria and the United Kingdom.
Mayfair-based investment house MBU Capital has outlined plans to raise £150m for a new real estate income fund, focusing on office and industrial buildings in the UK.
First fully-digital sales progressions for new-build developments were completed late last year in Stevenage, it has been revealed by platform developer Yourkeys.
A MAJOR investment firm has backed Bradford’s bid to keep around 1,000 tax jobs in the city by buying up offices in a multi-million pound deal.
Global investment house MBU Capital has agreed terms and exchanged contracts to acquire the former headquarters of Addison Lee near Euston station, for £22.75m.
Stevenage Borough Council chief executive Scott Crudgington formally unveiled the second block of the Park Place development, Boston House – which contains 202 flats – flanked by representatives of developer MBU Capital and construction firm Ashe.