Dubai Financial Closes In On TAIB

Investors representing at least 60 per cent of the stock of Bahrain's TAIB Bank have agreed to sell their shares to Dubai Financial. Based on the $2.73 per share the Dubai Financial said it was prepared....

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By: Christopher Owen
September 11, 2007
Investors representing at least 60 per cent of the stock of Bahrain's TAIB Bank have agreed to sell their shares to Dubai Financial. Based on the $2.73 per share the Dubai Financial said it was prepared....