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English news

06-Jun-2016

Emirates NBD said to have submit non-binding bid for Barclays Egypt

Emirates NBD has asked Egypt’s central bank and Barclays to allow it to begin due diligence, according to two people familiar with the plan, who asked not to be identified because the information is private. (Bloomberg) Emirates NBD: AED8.29 as of 5 June, Rating: Buy, FV: AED10.00/share, MCap: USD12,554mn, EMIRATES UH / ENBD.DU

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