DUBAI (Reuters) – Qatar National Bank, the Gulf’s largest bank, said on Thursday it was acquiring a 12.5 percent stake in pan-African lender Ecobank Transnational Incorporated (Ecobank). [eap_ad_1] No value for the transaction was given in QNB’s statement, which stated that the 12.5 percent stake it would hold would consist of current outstanding ordinary shares and the conversion of QNB’s convertible preference shares.
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