On November 29, FBN Holdings Plc announced its full divestment from FBNQuest Merchant Bank Limited, ending nearly a decade of ownership. The bank was acquired by EverQuest Acquisition LLP, a special-purpose consortium formed earlier in 2024 to complete the transaction.
While neither party has disclosed the cost of the deal, publicly available information provides enough context to understand the acquisition and estimate its potential value.
Brief history of FBNQuest Merchant Bank
FBNQuest
On November 29, FBN Holdings Plc announced its full divestment from FBNQuest Merchant Bank Limited, ending nearly a decade of ownership. The bank was acquired by EverQuest Acquisition LLP, a special-purpose consortium formed earlier in 2024 to complete the transaction.
While neither party has disclosed the cost of the deal, publicly available information provides enough context to understand the acquisition and estimate its potential value.
Brief history of FBNQuest Merchant Bank
FBNQuest