Qatar Exchange | The Commercial Bank | PARTIAL OFFER UNDER THE OMAN TAKEOVER AND ACQUISITION REGULATION TO SHAREHOLDERS IN NATIONAL BANK OF OMAN SAOG

 

Referring to the offer submitted to all the shareholders of National Bank of Oman SAOG (NBO) by The Commercial Bank P.S.Q.C. (CB) to acquire an additional 15.2% of the issued share capital of NBO, CB has today announced, through the offer manager, that the offer of acquisition has been accepted by certain shareholders of NBO, representing 7.74% of the shares of the issued capital of NBO.  Since the acceptance by NBO shareholders is less than the 15.2% minimum threshold acceptance by CB for acquisition, CB has decided to exercise the option of withdrawing the offer in its entirety.  

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,263.96 0.1 1,225,966,878
Dubai 4,232.94 0.03 325,821,692
Saudi 12,565.89 0.33 10,538,287,961
Kuwait 8,081.99 0.1 59,404,228
Qatar 9,943.61 0.14 468,363,576
Muscat 4,673.13 0.8 3,299,061
Bahrain 2,055.96 0.6 880,206
Egypt 27,559.35 2.36 1,817,550,644
Amman 2,457.97 0.56 3,690,622
Palestine 542.99 0.03 312,031

Commodities

Name Last update Closing Price Change %
Brent Mar-28 87.48 1.61
Natural Gas Mar-28 1.76 2.62
Gold Mar-28 2,238.40 1.16
Silver Mar-28 24.92 0.66
Platinum Mar-28 921.10 1.25
Nymex Light Mar-28 83.17 2.24

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 39,763.70 39,807.37 0.12
Nasdaq 16,446.80 16,379.46 0.12
S&P 500 5,248.03 5,254.35 0.11
Name Opening price Closing Price Change%
Frankfurt 18,477.40 18,492.49 0.08
Paris 8,216.77 8,205.81 0.01
London 7,931.98 7,952.62 0.26
Stockholm 969.74 963.34 0.81
Switzerland 11,732.83 11,730.43 0.21
Name Opening price Closing Price Change%
Shanghai 2,988.59 3,010.66 0.59
Hong Kong 16,378.40 16,541.42 0.91
Jakarta 7,289.22 7,288.81 0.29
Tokyo 40,324.42 40,168.07 1.46

Currency

Name Rate Last update
EURO/USD 1.079 Mar-28
GBP/USD 1.262 Mar-28
USD/JPY 151.390 Mar-28
USD/CHF 0.902 Mar-28