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BNP Paribas, SAIB form JV

  • Saudi Arabia: Sunday, March 23 - 2008 at 11:46

BNP Paribas Investment Partners and The Saudi Investment Bank (SAIB) have sealed asset management partnership, allowing BNP group to buy 25% stake in SAIB Asset Management Company, a newly-formed subsidiary of SAIB. The Joint Venture will be renamed SAIB BNP Paribas Asset Management.

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