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Al Khaliji: The Bank Will No Longer Pursue
Disposal of Subsidiary
September 19, 2018
Al Khalij Commercial Bank (Al Khaliji) has
previously engaged in discussions with various bidders for the
disposal of its subsidiary, Al Khaliji France S.A. The Bank’s
Board of Directors considered the terms of the various offers
received to be not in the best interest of the Bank’s
stakeholders, and has therefore decided not to pursue the sale
any further.
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