Monday 24 April 2017
 
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merger

FGB, NBAD merger creates First Abu Dhabi Bank

Following the legal completion of the merger between First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) on April 1, the combined bank will be now known as First Abu Dhabi Bank. The merged bank began trading on the Abu Dhabi Sec

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DuPont, Dow granted clearance for merger plan

DuPont and The Dow Chemical Company has announced that the European Commission (EC) has granted conditional regulatory clearance in Europe of the companies’ proposed merger of equals. This regulatory milestone is a significa

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DuPont, Dow granted clearance for merger plan

DuPont and The Dow Chemical Company has announced that the European Commission (EC) has granted conditional regulatory clearance in Europe of the companies’ proposed merger of equals. This regulatory milestone is a significa

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Moroccan developers Vecteur LV, Petra set for merger

Leading Moroccan real estate developers Vecteur LV (VLV) and Petra said they have won approval from the shareholders for their merger, thus leading to the creation of a new commercial real estate platform. As a result of the merge

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FGB, NBAD directors discuss key merger issues

The board of directors of the combined entity that will result from the merger of FGB and the National Bank of Abu Dhabi (NBAD), met today and took some key decisions to ahead of the legal completion of the merger in the coming weeks.

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Emirates rubbishes reports on Etihad merger

Dubai's Emirates airline has dismissed reports of a possible merger with UAE national carrier Etihad Airways, said a Wam news agency report. The rebuttal comes after media reports claimed that the two Gulf carriers were in tal

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Qatar banks' merger 'will be good for sector'

A proposed merger between three Qatari banks -- Masraf Al Rayan, Barwa Bank and International Bank of Qatar -- if successfully completed, would create the largest Islamic bank and the second largest bank in Qatar, and would result in a more bala

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Tourico Holidays joins Hotelbeds Group

Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry, has announced plans for Tourico Holidays to merge with its Bedbank business unit. Joan Vilà, executive chairman of Hotelbeds

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Etihad denies Lufthansa merger rumours

UAE's Etihad Airways has denied recent reports about a possible merger with Germany's Lufthansa, said a report. Media speculations arose when Reuters had quoted Italian newspaper Il Messaggero which reported that executive

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Linde, Praxair agree $65bn merger, eye big savings

German gases and engineering group Linde and US-bases Praxair, a global leader industrial gases, have agreed to combine in a $65-billion merger under a new holding company through an all-stock transaction. The combination would cr

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