ADCB has Bank Negara approval for Aabar talks on RHB stake

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Monday 13, June 2011 by

ADCB has Bank Negara approval for Aabar talks on RHB stake

In a statement to the Abu Dhabi Securities Exchange, ADCB said, “In connection with the bank’s strategic review of its stake in RHB Capital on Friday 10 June 2011, the bank received approval from Bank Negara (the Malaysian Central Bank) to enter into negotiations with Aabar Investments PJS regarding a potential sale transaction.”

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