IslamicFinance.de

Boubyan Bank had received valid acceptances in respect of a total of 73,263,270 BLME Shares. On 27 January 2020, Boubyan Bank announced that all conditions to the offer were either satisfied or waived and the offer became unconditional. The offer will remain open for acceptances until 1.00 p.m. (London time) on 19 February 2020. Following completion of the offer, Boubyan Bank intends that BLME will continue to operate as a standalone group within the wider Boubyan Bank business.