Gulf Bank K.s.c.KSE: GBK

Warba Bank And Gulf Bank Sign MoU And Confidentiality Agreement For Proposed Merger Deal

· Issued by Gulf Bank K.s.c.

WRBA BANK KSCP KSE:WARBABANK:

  • WARBA BANK- UPDATES ON PROPOSED INITIAL FEASIBILITY STUDY FOR MERGER BETWEEN WARBA BANK AND GULF BANK

  • WARBA BANK- SIGNS A MOU AND CONFIDENTIALITY AGREEMENT WITH GULF BANK

  • WARBA BANK- MOU INCLUDES CONFIDENTIALITY CLAUSE, REFLECTS ALL BASIS OF THEIR TALKS AND INTENT TO COOPERATE IN ASSESSING PROPOSED MERGER INDEPENDENTLY

  • WARBA BANK- TRANSACTION AIMS TO ACHIEVE OPTIMAL INTEREST OF BOTH BANKS' SHAREHOLDERS AND INVESTORS