Thursday, January 5, 2023

First Abu Dhabi explored offer for Standard Chartered

The Middle East's largest bank was previously in the "very early stages of evaluating a possible offer for Standard Chartered" but is no longer doing so, it said in a regulatory filing Thursday. Bloomberg News reported earlier that FAB had been assessing Standard Chartered for more than six months as it considered a potential bid for the London-based lender.

from Economic Times https://ift.tt/wGUu2rD

No comments:

Post a Comment

Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...