Burgan Bank to buy UGB for $725m
Kuwait: Monday, May 05 - 2008 at 14:44
Burgan Bank has expressed its interest in buying United Gulf Bank's holdings in four regional operations for a total of $725m. The four banks being watched are United Gulf Bank's holdings in Algeria Gulf Bank, Bank of Baghdad, Jordan Kuwait Bank and Tunis International Bank.
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Medilyn Manibo, Assistant News EditorMonday, May 05 - 2008 at 14:44 UAE local time (GMT+4)
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