Deal: African Prudential Registrars Finally Acquires UACN Registrars

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The Africa Prudential Registrars Plc (APR) has said it recently completed the acquisition of UAC Registrars, the oldest non-bank-affiliated registrar in the capital market.

A statement said the Share Sale and Purchase Agreement (SSPA) between Africa Prudential Registrars and UAC of Nigeria Plc was executed by both parties in Lagos.

Speaking after the transaction signing ceremony, the Chairman of APR, Mrs. Eniola Fadayomi, explained the acquisition was part of the company’s strategy to achieve dominance in the share registration business in Nigeria.

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Source: Thisday