First HoldCo Plc wishes to announce to the Nigerian Exchange Limited (NGX) and the investing public that it has successfully concluded the full divestment of its 100% equity stake in FBNQuest Merchant Bank Limited.
The transaction, which transfers ownership to EverQuest Acquisition LLP, has been fully completed following the receipt of all required regulatory approvals from the Central Bank of Nigeria (CBN).
This development marks an important milestone in First HoldCo Plc’s strategic portfolio realignment and reflects the Group’s commitment to enhancing operational focus, strengthening core business areas, and unlocking long-term shareholder value.
First HoldCo Plc appreciates the support and cooperation of all regulatory authorities and stakeholders throughout the divestment process.
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