MANAMA: Bahrain’s largest lender Ahli United Bank (AUB) has announced that two investment banks are evaluating a fair share exchange ratio for a potential merger with Kuwait Finance House (KFH), Kuwait’s biggest Islamic lender.
A bourse filing by AUB said that HSBC and Credit Suisse are currently undertaking necessary valuations studies to assist AUB and to arrive at a fair share exchange ratio .
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