Diamond’s Atlas Mara Said in Talks to Buy Ugandan Bank Stake

Updated on
  • Atlas Mara values the bank at $250 million, says East African
  • Crane Bank made a 12.5 billion Ugandan shillings loss in 2015

Atlas Mara Ltd., the African financial services company co-founded by former head of Barclays Plc Bob Diamond, is in talks to acquire a stake in Uganda’s Crane Bank Ltd., a person familiar with the matter said.

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