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Baobab Group completed the acquisition of the remaining 19.9% stake in Baobab Microfinance Bank from uMunthu Investment Company for NGN3.5bn.

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Service Providers

Udo Udoma & Belo-Osagie

legal advisors

Udo Udoma & Belo-Osagie

or

Principals

BAOBAB MICROFINANCE BANK LIMITED

target

BAOBAB MICROFINANCE BANK LIMITED

BAOBAB GROUP SAS

bidder

BAOBAB GROUP SAS

UMUNTHU INVESTMENT DEVELOPMENT COMPANY

vendor

UMUNTHU INVESTMENT DEVELOPMENT COMPANY

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MergerLinks - Request Credit - Baobab Group completed the acquisition of the remaining 19.9% stake in Baobab Microfinance Bank from uMunthu Investment Company for NGN3.5bn.