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Mergers & Acquisitions Headlines

RBS says Saudi bank merger boosts its core capital

Royal Bank of Scotland (RBS) said on Sunday the completion of a merger between Alawwal bank and Saudi British Bank would lead to RBS shedding 4.7 billion pounds ($5.9 billion) of risk weighted assets and boost its core capital.

Acacia investor Odey against any 'best and final' offer from Barrick

British hedge fund Odey Asset Management said on Thursday it would reject any offer from Barrick Gold Corp for its stake in Acacia Mining Plc that is framed as "best and final," becoming the second Acacia investor to publicly oppose the Canadian mining giant's buyout proposal.

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