Mergers & Acquisitions
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UAE’s First Abu Dhabi Bank and ADCB deny report of potential merger
UAE lenders First Abu Dhabi Bank (FAB) and the Abu Dhabi Commercial Bank (ADCB) have both denied a media report that speculated on a potential merger between them. The banks issued separate filings to the Abu Dhabi Securities Exchange (ADX) denying the report. “First Abu Dhabi Bank is aware of…
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Click here to read the full story: Gulf Business