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Thursday, 16 March 2017

Dubai investment bank Shuaa confirms merger talks with Bahrain’s GFH | The National

Dubai investment bank Shuaa confirms merger talks with Bahrain’s GFH | The National:

"Dubai’s Shuaa Capital has confimed it has held discussions with GFH with a view to the Bahraini investment group acquiring a majority stake in its business. Shuaa’s shares jumped over 2 per cent on the news in early trading. GFH shares, also listed on the Dubai Financial Market, climbed too. GFH said on Tuesday that it had held discussions with a number of companies, including Shuaa Capital, with a view to acquiring majority stakes."



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