News Column

Atlas is into Africa

August 22, 2014

Daily Mail, London



Aug. 22--Former Barclays boss Bob Diamond's African investment vehicle Atlas Mara has completed the acquisition of two banks, in a bid to become the continent's top financial institution.

Deals were done for Botswana-based BancABC and German-listed pan-African banking group ADC.

Atlas shares have been suspended while completing the acquisitions but trading is expected to resume on August 27, the company said.

'Atlas Mara is having a fantastic first year and I am delighted we are in such a strong position,' said Diamond.

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(c)2014 Daily Mail (London, )

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Source: Daily Mail (London, England)


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