Commercial Bank terminates a $128m deal to acquire an additional 15.2% stake in National Bank of Oman.

Commercial Bank, a Qatar-based banking solutions provider, terminated a $128m deal to acquire an additional 15.2% stake in National Bank of Oman, a provider of retail and commercial banking services. The deal will maintain Commercial Bank's position as National Bank of Oman's largest shareholder, with a stake of 50.1%, ahead of the government of Oman's 26.18% stake.