Cyber Gear UAE Today
Guest Posts
 

Emirates NBD Confirms Sale Of 127,474,500 Ordinary Shares

 Emirates NBD Bank has announced the sale of 127,474,500 ordinary shares from its shareholding in Network International through a secondary listing of Network International’s shares on the London Stock Exchange and to MasterCard as a part of the cornerstone investment at an offer price of 435 Pence per share.

Gross Proceeds from the sale amount to GBP554.5 mn.

Emirates NBD Bank continues to have a relationship going forward with Network International as a 25.5 percent shareholder and as a long-standing customer.

View News Headlines


We accept guest posts, contact us now  
Another Cyber Gear site