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Kuwait Finance House to buy Bahrain’s AUB in $8.8b deal
Kuwait Finance House KSCP agreed to buy Bahrain’s Ahli United Bank BSC in an all-share deal that’s valued at about $8.8 billion. The Kuwaiti lender offered 1 share for every 2.325581 shares of Ahli United, according to a statement. In January, the banks’ advisers had recommended the same swap ratio….
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Click here to read the full story: Gulf News