Monday 23 December 2024
 
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United finance

Takeover talks for United Finance break down

Talks for a possible takeover of Oman's United Finance by Al Omaniya Financial Services have broken down and will not progress any further, the two sides said on Monday. The board of United Finance met on Sunday to discuss the

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United Finance hires KPMG as financial advisor

Oman's United Finance has hired KPMG to provide financial advisory services for proposed acquisitions of the company by National Bank of Oman and Al Omaniya Financial Services, it said on Wednesday. National Bank of Oman and A

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Bank Nizwa drops United Finance merger plan

Oman's Bank Nizwa has withdrawn its proposal for a merger with United Finance , Nizwa said on Monday, after United received rival offers and invited all suitors to enter a formal bidding process. In February, Nizwa approached

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