Atlas Corp. (ATCO-PH)

Zambian businessman loses London lawsuit against Bob Diamond's Atlas Mara

LONDON (Reuters) -A Zambian businessman on Wednesday lost a London lawsuit against Atlas Mara, the African investment vehicle set up by former Barclays boss Bob Diamond, over the acquisition of a Zambian bank. Rajan Mahtani sued Atlas Mara over the sale of Finance Bank Zambia, alleging he received less than a quarter of the $215 million said to have been offered in 2015. But Judge Christopher Butcher dismissed Mahtani's case in a written ruling on Wednesday, following a trial at London's High Court last year.