Freshfields Bruckhaus Deringer has advised Abu Dhabi Commercial Bank (ADCB) on its acquisition of the Royal Bank of Scotland's (RBS) retailing business in the United Arab Emirates (UAE), marking the first purchase of its kind by a UAE bank. The deal, which is valued at around $100m (£67.5m), is subject to UAE Central Bank approval.
June 17, 2010 at 08:05 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer has advised Abu Dhabi Commercial Bank (ADCB) on its acquisition of the Royal Bank of Scotland’s (RBS) retailing business in the United Arab Emirates (UAE), marking the first purchase of its kind by a UAE bank.
The deal, which is valued at around $100m (£67.5m), is subject to UAE Central Bank approval.
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