Bank Sohar announced that it had reached an agreement with Bank Dhofar on the share swap ratio with regard to the duo’s merger proposal. As per the agreement, in the event of a merger being concluded, every one share of Bank Dhofar will be exchanged for 1.29 shares of Bank Sohar. All other terms and conditions of the proposed merger will be agreed upon and documented in a merger agreement to be entered into by both banks, subject to regulatory and shareholders approvals, the bank filing says. (Company disclosure)   Bank Dhofar: OMR0.245 as of 07 June 2016, Rating: Sell, FV: OMR0.218 per share, MCap: USD1,096 million, BKDB OM / BDOF.OM