Saudi Arabia s Taiba, Dur Start Talks to Form $2 4 Billion Firm bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Dur and Taiba announced the merger talks in similar bourse statements on Sunday, adding that an agreement may not be reached between to the two companies in which Aseelah Investment Co is a significant shareholder.
Saudi Arabian shares ended higher on Sunday, outperforming other Gulf peers, buoyed by gains in banking stocks, while Egypt's blue-chip index extended losses.
Dur Hospitality and Taiba Investments Discuss Possible Merger swfinstitute.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swfinstitute.org Daily Mail and Mail on Sunday newspapers.