Hedge Funds & Alternative Investments
Mergers & Acquisitions
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Bahrain’s ABC says in preliminary talks to buy Blom Bank’s Egypt business
Bahrain’s Bank ABC said on Tuesday it was in preliminary talks to buy Blom Bank’s Egyptian subsidiary, pitting it against Dubai’s Emirates NBD, which is also a potential bidder. Blom has hired CI Capital to advise on a sale that could fetch $250 million to $300 million as the Lebanese…
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Click here to read the full story: Arab News