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Abu Dhabi Investment Council’s stake in ADCB rises after lender’s capital reduction
Abu Dhabi Commercial Bank says its main shareholder, the Abu Dhabi Investment Council, now owns 62.52 per cent of the lender after a capital reduction. Adic, an investment arm of the Abu Dhabi Government, previously held a 58.08 per cent stake. The increase in Adic’s stake comes in the wake…
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