Oman’s Al Omaniya to bid for United Finance as M&A

20 May 2015

(MENAFN) Al Omaniya Financial Services is ready to take place in a Merger and Acquisition (M&A) bidding alongside United Finance Company, statements read, Reuters reported.

Al Omaniya revealed its intentions following the withdrawal of Bank Nizwa who took back its bidding. The company sent a certified agreement to United Finance about the issue.

The financing company, which works as a lender and a leaser of services, confirmed the sending of invitations to the National Bank of Oman, Bank Nizwa and Al Omaniya Financial Services.

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