Mergers & Acquisitions
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Ahli United Bank and KFH say merger talks 'still ongoing'
Ahli United Bank, the Bahraini lender, and Kuwait Finance House are still in discussions for a potential merger, which would create a new Islamic entity with $92 billion (Dh337.6bn) in combined assets. The two parties signed a preliminary and non-disclosure agreement on July 22 to appoint banks to undertake valuations…
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