Mergers & Acquisitions
Retail Banking
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Shuaa-GFH merger would create diverse Gulf financial conglomerate
A merger of Dubai's Shuaa Capital and Bahrain's GFH Financial would form a diverse conglomerate with a market capitalisation of about $2.5 billion and interests ranging from retail and investment banking to broking and property development. Shares in both companies have surged since Sunday as some investors bet a string…
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Click here to read the full story: Reuters