Submit Deal

Announced

15 Sep 2019

Kuwait Finance House to merge with Ahli United Bank in an $11.6bn deal.

Synopsis

Kuwait Finance House, the first bank operating in accordance with the Islamic Shari'a, is set to merge with Ahli United Bank, a bank based in Bahrain, in an $11.6bn deal. In April 2020, Kuwait Finance House said it was postponing its acquisition of Ahli United Bank until December due to the Covid-19 outbreak.

Principals

target

Ahli United Bank

bidder

Kuwait Finance House

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

Sort

Seller Team (5)

hamad al-humaidhi

Chairman at AHLI UNITED BANK

Manager

target

Deals

£ 9.65 B

Total Value

waleed rasromani

Managing Associate at Linklaters

Lawyer

target

Deals

£ 33.93 B

Total Value

arun kapoor

Trainee at Linklaters

Lawyer

target

Deals

£ 24.86 B

Total Value

scott campbell

Partner at Linklaters

Lawyer

target

Deals

£ 28.32 B

Total Value

julianna halbeck

Associate at Linklaters

Lawyer

target

Deals

£ 17.97 B

Total Value

Bidder Team (3)

mazin saad al-nahedh

CEO at KUWAIT FINANCE HOUSE

Manager

bidder

Deal

£ 9.65 B

Total Value

paul strecker

Partner at Shearman & Sterling

Advisor Lawyer

bidder

Deals

£ 20.08 B

Total Value

kate chan

Associate at Shearman & Sterling

Advisor Lawyer

bidder

Deals

£ 10.69 B

Total Value

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy