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Published 2 years ago

UBL eyes majority stake in Samba Bank

Summary by Ground News
United Bank Ltd (UBL) has received the regulatory nod to commence due diligence of Samba Bank Pakistan Ltd for the potential acquisition of its majority shareholding. The fourth largest bank in terms of market capitalisation is looking to buy an 84.51 per cent stake in the bank. The share price of UBL decreased 0.13pc to Rs140.46 on Wednesday.

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