Islamic Finance
Mergers & Acquisitions
Uncategorized
Dubai Islamic Bank completes 24.9 pct stake buy in Indonesian lender
Dubai Islamic Bank has completed the acquisition of a 24.9 percent stake in Bank Panin Syariah and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 percent, it said on Monday. The largest Islamic bank in the United Arab Emirates has bought 2.42 billion…
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Click here to read the full story: Reuters