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05 June 2023

Muscat Finance board okays Natl Finance merger plan

By Agencies


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)