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Bank ABC isn’t yet buying Blom’s ins. arm
Bank ABC could be getting majority stakes in Blom Bank subsidiary AropeIns. Egypt, Hapi Journal reports, citing unnamed sources with…
The Great Lebanese Bank Sell Off: Act II
FAB is acquiring Bank Audi’s Egypt arm: First Abu Dhabi Bank (FAB) has signed a final agreement to acquire 100%…
And, scene: Act I of the Great Lebanese Bank Sell Off
M&A WATCH- It’s official: Blom Bank is selling its Egypt arm to Bahrain’s Bank ABC in an EGP 6.7 bn…
Bank ABC wins bid for Blom Egypt
Bahrain’s Bank ABC will purchase the Egypt unit of Lebanon’s Blom Bank for USD 480 mn in a transaction that…
The Great Lebanese Bank Sell Off, Act I
The Great Lebanese Bank Sell Off is gaining steam: Gulf banks First Abu Dhabi Bank and Bank ABC are both…
Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm
M&A WATCH- Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm: Sources at Emirates NBD…
Bank ABC to wrap up due diligence on Blom Bank Egypt in mid-November
M&A WATCH- Bahrain’s Arab Banking Corporation (Bank ABC) will wrap up due diligence on Blom Bank Egypt in mid-November, ahead…
What we’re tracking on 4 October 2020
Good morning, friends, and welcome to the first full workweek of October. It’s going to be a short one, as…
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