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Article: SAUDI ARABIA.
- Article from:
- MEED Middle East Economic Digest
- Article date:
- May 21, 1999
CopyrightCOPYRIGHT 1999 MEED Middle East Economic Digest. All Rights Reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Prince Alwaleed takes firm line on bank merger The proposed merger between Saudi American Bank (Samba) and United Saudi Bank (USB) has been called into question following doubts expressed by USB chairman Prince Alwaleed Bin Talal about the terms of the deal.
Prince Alwaleed made his views known in a statement to the Riyadh daily Arab News on 13 May after reports that Samba had proposed that 3.75 USB shares should be exchanged for one Samba share. "If Samba is proposing this ratio, then the merger will be deemed as null and void," Alwaleed is quoted as saying. However, he added that the final word on the terms of the merger will come from the Saudi Arabian ...
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Article: Entities Beneficially Owned by HRH Prince Alwaleed ...
Business Wire;
September 20, 1999 ;
700+ words
... ... Entities indirectly owned by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud recently ... of the luxurious Boston property. Prince Alwaleed's interests and Olympus Real Estate ... Commenting on the transaction, HRH Prince Alwaleed said, "Boston is a world-class ...
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