Mergers & Acquisitions
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Bank deal creates second-largest lender in Qatar
Qatar’s Masraf Al Rayan and Al Khalij Commercial Bank have agreed to join forces in a deal that will create Qatar’s second-biggest lender after Qatar National Bank. The deal will see Al Rayan issue 0.50 of its shares for every Al Khaliji share, representing a 21 percent premium over Al…
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Click here to read the full story: Aljazeera