Muscat Finance board okays Natl Finance merger plan
DUBAI (Reuters) - Muscat Finance Co MF.OM said on Sunday its board was recommending a plan to merge with National Finance Co NFC.OM in a deal that would give Muscat Finance a 57.83 percent stake in the new firm.
Muscat Finance did not say in a statement on the Oman bourse Web site when shareholders would meet to vote on the proposal.
(Writing by Daliah Merzaban; Editing by Will Rasmussen)
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