Islamic Finance
Mergers & Acquisitions
Retail Banking
Uncategorized
Al Rajhi Bank calls off merger talks with MIDF
Al Rajhi Bank said it ended and discontinued the merger discussions between its fully-owned subsidiary, Al Rajhi Banking and Investment Corporation (Malaysia) Berhad, and Malaysian Industrial Development Finance Bhd (MIDF). The decision comes as no agreement has been reached between the parties, the Saudi lender said in a bourse filing…
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