Bloomberg News

Diamond Bank of Nigeria Sells Stake in ADIC Insurance to NSIA

July 19, 2011

July 19 (Bloomberg) -- Diamond Bank Plc said it sold its 96.15 percent stake in ADIC Insurance Ltd. to NSIA Participations SA Holding as part of a strategy to exit businesses outside of banking.

Link to Statement:{NSN LOKWIJ3HBS3K <GO>}

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


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