Mergers & Acquisitions
Retail Banking
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Kuwait Finance offers to buy Ahli United in $8.8bn deal
Kuwait Finance House KSCP offered to buy Bahrain’s Ahli United Bank BSC in an all-share deal that’s valued at about $8.8bn. The Kuwaiti lender plans to issue 1 share for every 2.325581 shares of Ahli United, according to a statement. In January, the banks’ advisers had recommended the same swap…
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Click here to read the full story: Gulf Business