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Gulf Finance hires BoA to advise on $300m increase

  • Bahrain: Wednesday, August 12 - 2009 at 09:23

Bahrain-based Islamic investment bank Gulf Finance House has said in a statement to the bourse that it has appointed Bank of America-Merrill Lynch to advise on a plan to boost capital by $300m, Bloomberg has reported. The lender has also hired KPMG International to manage the offering of stock to existing shareholders.

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