Lagos-headquartered Fidelity Bank has agreed to acquire Union Bank UK, the former United Kingdom subsidiary of Union Bank of Nigeria.

International law firm Akin Gump Strauss Hauer & Feld acted as legal adviser to Fidelity Bank on the deal for 100% of the target company’s shares, which was first announced on 30 August and for which deal values were not published.

For more information, please see https://iclg.com/alb/18234-fidelity-bank-buys-union-bank-uk