UPDATE 1-Nigeria's Diamond Bank has not received offers of cash from investors [Reuters (UK)]
The Carlyle Group Inc. (CG)
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Source: Reuters
UPDATE 1-Nigeria's Diamond Bank has not received offers of cash from investors | Reuters 3 Min Read (Adds details, quote) By Chijioke Ohuocha ABUJA, Nov 9 (Reuters) - Nigeria’s Diamond Bank said on Friday that no investors had come forward to inject cash into the company and that its board was reviewing all strategic options. The bank’s comment comes after it said last month that four of its directors, including its Chairman Oluseyi Bickersteth, had resigned, fuelling speculation that the lender was in talks with a new investor to recapitalise. Diamond Bank has been managing its capital since 2016 to ensure it stays within the minimum regulatory ratio and has said it would consider raising fresh funds after selling some assets to strengthen its balance sheet. “The Board of Diamond Bank ... notes the media speculation relating to comments attributed to its former chairman, Mr Oluseyi Bickersteth ... contrary to such media articles, the Board wish to clarify that the Company has not rec
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CG
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- CG's page on the SEC website