Nigeria: Access Bank shares hit three-week high after court approves Diamond Bank takeover

Court approves Access Bank takeover of Diamond Bank
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LAGOS (Reuters) – Shares of Nigeria’s Access Bank hit a 3-week high on Wednesday, a day after the local court approved its 72 billion naira ($235 million) takeover of rival Diamond Bank

The top-tier lender gained 9.24 percent to its highest level since Feb 26.

Reporting by Chijioke Ohuocha; Editing by Kirsten Donovan