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Abu Dhabi Commercial Bank picks Barclays to advise on Union, Al Hilal merger

Barclays has been appointed by Abu Dhabi Commercial Bank  to advise on a potential merger plan involving Union National Bank and Al Hilal Bank, banking sources told Reuters. The merger, announced by the banks in September, is the latest consolidation among state-owned companies in the United Arab Emirates’ capital. ADCB,…

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