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AUB $303m rights issue

  • Bahrain: Thursday, November 15 - 2007 at 13:22

Ahli United Bank, Bahrain's largest lender by market value, has received approval to raise $303mn by selling shares to existing investors, reported Reuters. The lender will sell 300 million shares to investors holding shares on Nov. 13 at $1.01 per share.

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