Middle East: Gulf moves from buyouts to mergers
NBAD’s merger with FGB gives Abu Dhabi a bank with a similar market cap to firms such as DBS and Standard Chartered. At the same time, the emirate is merging two of the Gulf’s most powerful state investment companies, Ipic and Mubadala. Amid low oil prices, Gulf states are finding…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Euromoney