In a statement to the Muscat Securities Market, alizz islamic bank SAOG (MSM:BKIZ) said that based on the recent decision of United Finance Company SAOG (MSM:UFCI) dated June 20, 2017 to decline Alizz Islamic Bank offer for exploring a possible merger of the two institutions through a combination of a share swap and cash', its Board of Directors has terminated the merger talks.
1st Jan change | Capi. | |
---|---|---|
-6.34% | 57.36B | |
+7.64% | 38.75B | |
+4.30% | 21.5B | |
-1.68% | 11.92B | |
+16.40% | 11.65B | |
+3.89% | 8.03B | |
+51.15% | 7.56B | |
-8.47% | 6.21B | |
-2.89% | 5.51B |