FIRST ABU DHABI TO REINSTATE TALKS WITH BANK AUDI

HIGHLIGHTS

First Abu Dhabi Bank (FAB) will regain halted talks in acquiring the Egyptian business of Lebanese Bank Audi in an arrangement assessed at around $700 million. FAB is UAE’s biggest asset lenders planning to take over.

FAB will have discussions within its staff this week regarding resuming talks and finalization in final bid, Reuters said citing dependable sources. A subseque....

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Tags : UAE, BANK, AUDI BANK, SHARES, MONEY LENDER,

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FIRST ABU DHABI TO REINSTATE TALKS WITH BANK AUDI

Published On 07 Sep 2020 01:32 PM

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