Mergers & Acquisitions
Retail Banking
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FAB confirms acquisition talks with Bank Audi-Egypt
First Abu Dhabi Bank confirmed on Thursday that it is in exclusive discussions with Bank Audi to acquire its fully-owned subsidiary in Egypt, Bank Audi-Egypt. FAB said that a group has been formed to assess the potential acquisition, but no valuations have been announced so far. It added that “there…
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Click here to read the full story: Gulf News