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Diamond Bank denies acquisition offers as stock stretches 3-day winning streak

Diamond Bank Plc has refuted claims made by former chairman, Oluseyi Bickerstheth, that the tier-two lender received acquisition offers from an unnamed investor. The Carlyle-backed lender, in a note to BusinessDay Friday, said “the Company has not received an offer from an investor to inject cash” and that “its Board of Directors continue to review…
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