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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

Bahrain’s Unicorn mulls Bank Islam stake

Posted on 24 November 2009

From Btimes.com.my: Unicorn Investment Bank BSC, a closely-held Islamic investment bank, may make three purchases, including buying a stake in Bank Islam Malaysia Bhd from Dubai Group LLC, as the financial crisis lowers corporate valuations.

“We understand Dubai Group is assessing its own options with regard to that investment,” managing director Fred Stonehouse, who heads the strategic mergers and acquisitions area at Bahrain-based Unicorn, said in a telephone interview………………………..Full Article: Source

 
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