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Access Bank denies acquisition talks with Union Bank

Access Bank Plc has denied acquisition talks with Union Bank, saying this was mere rumour.

Access Bank said, in a statement, that both the public and the Nigeria Stock Exchange should discountenance it as rumour with any foundation.

Indeed, the story was trending on some social media that Access Bank Plc had engaged in talks to acquire Union Bank of Nigeria Plc.

The Nigerian Stock Exchange and the general public are hereby advised to discountenance such rumour as same is devoid of truth, Access Bank insisted.

The bank said it is not engaged in any discussion with Union Bank of Nigeria Plc or any of its shareholders regarding any such transactions

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