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Oman’s Bank Sohar says $104m rights issue oversubscribed
Oman’s Bank Sohar, which is in talks about a possible merger with larger rival Bank Dhofar, said on Thursday its 40.04 million riyal (Dh382 million, $104.1 million) rights issue had been oversubscribed. In total, shares worth 53.28 million riyals were bid for under the capital increase, which saw 228.8 million…
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Click here to read the full story: Gulf News