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Abu Dhabi bank deal likely to be merger of equals, not takeover: sources

Thursday, June 23, 2016 - 05:50

London

ABU Dhabi's planned consolidation of two of its largest banks is unlikely to be structured as a takeover of National Bank of Abu Dhabi PJSC by First Gulf Bank PJSC, according to people familiar with the matter.

The emirate may structure the deal as a merger of equals, one of

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