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Abu Dhabi Commercial Bank shareholder sells $300m stake

An investor in Abu Dhabi Commercial Bank  has sold its entire stake in the lender for about 1.1 billion dirhams ($300 million), Bloomberg reported. The offering consists of 164 million shares in Abu Dhabi’s second-biggest bank, and the interest exceeds the size of the deal, according to terms. The seller…

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Click here to read the full story: Arab News

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