John Vitalo News

Bob Diamond, Chairman of Atlas Mara and former CEO of Barclays

Bob Diamond sells $200M Atlas Mara stake to boost holding in Union Bank of Nigeria

Atlas Mara raising $200 million to increase Union Bank stake. Fairfax Africa partners with firm by purchasing shares and bond.

Bob Diamond, CEO of Atlas Mara and former CEO of Barclays

CEO at Bob Diamond's Atlas Mara exits company

Atlas Mara, the African investment vehicle co-founded by former Barclays boss Bob Diamond, has unveiled plans for a shake-up.

Kuben Naidoo, Deputy Governor, South African Reserve Bank

As Bob Diamond readies Barclays Africa bid, South Africa warns on bank buyouts

South Africa raised caution over Bob Diamond’s potential offer for Barclays Plc’s local unit, with the central bank signaling that private-equity bidders for the country’s third-largest lender would face opposition from regulators.

Bob Diamond, Co-Founder, Atlas Mara

Bob Diamond's Atlas Mara successfully increases stake in Union Bank of Nigeria to 29.9%

Atlas Mara Co-Nvest Limited ("Atlas Mara" or the "Company") has successfully completed its previously announced acquisition of approximately 20.9% in Union Bank of Nigeria Plc ("UBN"), from Asset Management Corporation of Nigeria ("AMCON"), for a purchase price of approximately $250 million (the "Transaction").