VOL. XXXIII
NO. 50
17-SEPTEMBER-1990
Financial and Banking News
Regional Banking
BNP Postpones Selling Shares in BAII to Four Arab Institutions
Banque Nationale de Paris (BNP) has postponed for two months plans to sell a25% stake in Banque Arabe et Internationale d'Investissement (BAII) to fourArab-owned financial institutions. BNP has owned about 93% of BAII's sharessince buying out the majority of the the former shareholders in June, and undera takeover plan agreed in May it planned to cede the...
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