Al Baraka says IPO of Syrian unit oversubscribed

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08 November 2009 5:31 AM ( 93 days ago)
MANAMA, Nov 8 - Bahraini bank Al Baraka said on Sunday it had received subscriptions worth 7.67 billion Syrian pounds for the initial public offer of shares in its Syrian unit, an oversubscription of 3.4 times. Al Baraka's IPO is the second by a Gulf Arab bank after Qatar National Bank flo...
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