(MENAFN- Jordan News Agency) Amman, Dec. 6 (Petra) -- Prominent Jordanian businessmen and Chairman of the Arab Bank, Sabih al-Masri, announced on Tuesday that he and a group of Jordanian and Arab investors are buying Saudi Oger's 20-per cent stake in the Arab Bank.
In a statement published by the Amman Stock Exchange, Al-Masri said Saudi Oger agreed to sell its stake in the bank, one of the largest privately owned banks in the Arab world. Al-Masri, who already owns 1.314 per cent of the bank's shares, added that the purchase is currently being finalized.
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6/12/2016 - 10:01:05 PM
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