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Saudi Oger said near $1.1b deal to sell Arab Bank stake
Saudi Oger Ltd reached a preliminary agreement to sell its 20 per cent stake in Jordan’s Arab Bank Plc to Fawaz Al Hokair Group for about $1.1 billion, according to people familiar with the matter. The two family-owned companies plan to make a formal announcement after receiving regulatory approval, the…
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Click here to read the full story: Gulf News