Mergers & Acquisitions
Regulation, Risk & Compliance
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Saudi lenders NCB and Samba are in early merger talks – sources
National Commercial Bank, Saudi Arabia's biggest lender, said on Thursday it had signed an initial agreement with smaller lender Samba Financial Group to create a combined entity with almost $214 billion in assets. NCB's offer would value each Samba share at 27.42 to 29.32 riyals ($7.82), giving it a maximum…
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