Muscat Finance board okays Natl Finance merger plan

By Agencies Published: 2008-03-02T05:05:41+04:00

 

Muscat Finance Co said on Sunday its board was recommending a plan to merge with National Finance Co in a deal that would give Muscat Finance a 57.83 per cent stake in the new firm.


Muscat Finance did not say in a statement on the Oman bourse website when shareholders would meet to vote on the proposal. (Reuters)