Saudi British Bank signs binding deal to acquire Alawwal
Note: This section contains information in English only.
Thu, 04 Oct 2018 09:36:12 GMT
Source: Dukascopy Bank SA
Saudi British Bank has signed a binding deal to acquire its smaller competitor Alawwal Bank for $5.0B to establish Saudi Arabia's third-largest lender with the market value of around $17.2B.
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