Investment Banking
Mergers & Acquisitions
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Dubai Group to Sell Shuaa Stake to Abu Dhabi Financial Group
Dubai-based investment bank Shuaa Capital PSC said its biggest shareholder agreed to sell its stake to Abu Dhabi Financial Group LLC in a deal potentially worth $93 million. Shuaa shares jumped. Dubai Banking Group, a unit of investment company Dubai Group LLC, has “reached an agreement” with Abu Dhabi Financial…
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Click here to read the full story: Bloomberg