Islamic Finance
Mergers & Acquisitions
Retail Banking
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Kuwait's Boubyan says in talks to buy UK-based Islamic lender
Kuwait-based Boubyan Bank has announced it is in advanced talks to buy UK-based Islamic lender Bank of London and the Middle East in an all-cash deal. In a statement posted on Boursa Kuwait, the lender said the deal for over 72 percent of BLME would be worth about $158 million….
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Click here to read the full story: Arabian Business