Mergers & Acquisitions
Retail Banking
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First Abu Dhabi Bank puts talks to acquire Bank Audi's Egyptian business on hold: sources
First Abu Dhabi Bank (FAB.AD) (FAB) has put on hold discussions to acquire the Egyptian assets of Lebanon’s Bank Audi (AUDI.BY) due to difficult market conditions, two sources told Reuters. FAB, the United Arab Emirates’ biggest lender, communicated the request a few days ago to Bank Audi, sources with direct…
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Click here to read the full story: Reuters