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Abu Dhabi Financial Group Agrees to Merge With Dubai's Shuaa
Abu Dhabi Financial Group agreed to a reverse merger with Shuaa Capital PSC that will create an investment bank managing $12.8 billion of assets. The deal values the Abu Dhabi firm’s equity at 1.5 billion dirhams ($408 million) to 1.6 billion dirhams, ADFG Chief Executive Officer Jassim Alseddiqi said in…
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Click here to read the full story: Bloomberg