Monday 04, February 2013 by

Ahli United Bank (AUB) sells stake in ABQ

Ahli United Bank BSC (AUB) today announced the completion of the sale of its 29.4 per cent stake in Ahli Bank Qatar (ABQ) to the Qatar Foundation for Education, Science and Community Development at a price of QAR 60 per share and for a total consideration of $ 615.9 million, generating a net exceptional profit of $ 212.9 million

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