Mergers & Acquisitions
Retail Banking
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Bank Dhofar Considers Merger to Create $10 Billion Omani Lender
Oman's Bank Dhofar has approached smaller peer Bank Sohar with a view to merging to create Oman's second-largest bank, Dhofar said on Tuesday, sending shares in both banks higher. Bank Sohar could not immediately be reached for comment. Bank Dhofar said in its bourse filing that the deal would be…
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Click here to read the full story: Reuters