Mergers & Acquisitions
Retail Banking
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Abu Dhabi to control majority stake in new mega bank
The government of Abu Dhabi will own 60.2 per cent of the new bank that will be formed following the completion of a merger between Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB), with the new entity acquiring Al Hilal Bank. The Abu Dhabi government’s ownership in the…
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Click here to read the full story: Gulf News