(Reuters) - DUBAI - International Bank of Qatar said on
Sunday talks to buy a stake in Bahrain's Ahli United Bank
had stalled, spelling a possible end to what
would be the biggest cross border takeover of a Gulf Arab firm.
International Bank, an affiliate of National Bank of Kuwait
, said shareholders were insisting that a third party
and not the Qatari firm have access to the books of Bahrain's
biggest lender, and that due diligence be limited to one month
rather than three.
Read more at Reuters.com Business News
Sunday talks to buy a stake in Bahrain's Ahli United Bank
had stalled, spelling a possible end to what
would be the biggest cross border takeover of a Gulf Arab firm.
International Bank, an affiliate of National Bank of Kuwait
, said shareholders were insisting that a third party
and not the Qatari firm have access to the books of Bahrain's
biggest lender, and that due diligence be limited to one month
rather than three.
Read more at Reuters.com Business News
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