Mergers & Acquisitions
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Bank of Beirut acquires Luxembourg-based Fortuna Bank
Lebanese financial group Bank of Beirut has announced the acquisition of Luxembourg-based Fortuna Bank, after an agreement was reached with the local bank's board of directors. This change in shareholder will allow Fortuna Bank, a cooperative company since 1920, to ''develop its activities anchored in the Greater Region and deploy…
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Click here to read the full story: Luxembourg Times