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Abu Dhabi’s Finance House to buy CAPM - sources

Posted on 23 March 2012

Abu Dhabi-listed Finance House is to buy privately-owned investment bank CAPM Investment to expand into investment banking and asset management, three sources familiar with the matter said on Thursday.
Under an agreement between the two parties, Finance House will acquire CAPM’s investment banking and asset management licence, offering a premium of between 5 to 10 percent to the value of those businesses, one of the sources said speaking on condition of anonymity………………………………………..Full Article: Source

 
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