M&A Deal Summary

Titan Trust Bank Acquires Union Bank of Nigeria

On December 23, 2021, Titan Trust Bank acquired financial services company Union Bank of Nigeria

Acquisition Highlights
  • This is Titan Trust Bank’s 1st transaction in the Financial Services sector.
  • This is Titan Trust Bank’s 1st transaction in Nigeria.

M&A Deal Summary
Date 2021-12-23
Target Union Bank of Nigeria
Sector Financial Services
Buyer(s) Titan Trust Bank
Deal Type Add-on Acquisition

Target

Union Bank of Nigeria

Lagos, Nigeria
Union Bank of Nigeria is a commercial bank, serving individuals, small and medium-sized companies, as well as large corporations and organizations. Union Bank of Nigeria was established in 1917 and is based in Lagos, Nigeria.

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Buyer(S) 1

Buyer

Titan Trust Bank

Lagos, Nigeria
Category Company
Founded 2018
Sector Financial Services
DESCRIPTION

Titan Trust Bank operates as a commercial bank with a national authorization that ?creates and manages value through a combination of empathy, talent, and superior technology by providing transparent and convenient solutions for stakeholders across all markets. Titan Trust Bank was founded in 2018 and is headquartered in Lagos, Nigeria.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Nigeria) 1 of 1
Year (2021) 1 of 1
Mergr

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