The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Abigail with attitude: A tale of two London flotations

Against this confusing backdrop, life goes on. A friend who is a senior banker in Asia reports that during a brief visit to London he arranged to meet one of his best clients, an Indian tycoon, at Claridge’s Hotel for tea. Suddenly, the wife of the tycoon jumped up and started embracing what appeared to be an elderly gentleman. "How are you?" she exclaimed. "What are you doing now? We’ve missed you."

The man was Bob Diamond, the former chief executive of Barclays Bank. Diamond, who was brutally ejected from the UK bank in the summer of 2012, has now started his own ‘blind vehicle’, Atlas Mara. Atlas Mara is a cash shell that floated on the London Stock Exchange in December 2013. Diamond has joined forces with Ashish Thakkar, the 32-year old head of Mara Group, a conglomerate with businesses in over 15 African countries. Arnold Ekpe, the former chief executive of Africa’s Ecobank, will chair the group.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree