Ominvest leads a consortium to acquire Ahli Bank of Oman
“Bank Dhofar” amended its non-binding offer to merge with Al-Ahli Bank, after it had submitted an initial offer to acquire the bank last April, and it was rejected by the Al-Ahly Board of Directors.
Bank Dhofar confirmed that the merger will support liquidity and provide opportunities for career development for the employees of the two banks, in addition to establishing an Omani bank with a strong competitive position and a good location to serve the market.
It is worth noting that there is another offer made by the Omani International Development and Investment Company “Ominvest”, to acquire in cash all the shares of Al-Ahli Bank, in alliance with Oman Arab Bank and some other investors, for 185 baisas per share.
2023-05-17 11:17:00
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