Qatar's Commercial Bank ends UAB stake sale talks with Tabarak | ZAWYA MENA Edition

Qatar's Commercial Bank ends UAB stake sale talks with Tabarak | ZAWYA MENA Edition:

"Qatar's Commercial Bank (CBQ)  said on Sunday it has ended talks with United Arab Emirates (UAE)-based Tabarak Investment to buy its 40 percent stake in United Arab Bank UAB.AD , after the pair failed to agree terms. CBQ made the announcement in separate filings on the Abu Dhabi and Doha bourses, without going into detail. The stake has a market value of about $308 million. A spokesman for Tabarak told Reuters that the parties could not agree final terms."



'via Blog this'