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Bank Muscat to buy Saudi Pak Bank for $200 million

January 7th, 2008 Sana · 2 Comments

Source: Guardian
By Faisal Aziz
KARACHI, Jan 7 (Reuters) - A consortium including Bank Muscat and Japan’s Nomura Holdings <8604.T> has agreed to buy 85 percent of Pakistan’s Saudi Pak Bank for about $200 million, a banker involved in the deal said on Monday.
The bid group, led by Pakistani financier Shaukat Tarin, also includes International Finance Corp, […]

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Filed Under: Business