3rd Nov 2008 07:00
RNS Number : 2522H
EFG-Hermes Holdings SAE
03 November 2008
EFG-Hermes Holding S.A.E. and Banque Audi S.A.L Announcement
EFG-Hermes Holding Company S.A.E. and Banque Audi S.A.L. jointly announce that, in light of current financial market conditions, they have discontinued their discussions regarding a possible combination of the two institutions.
The parties confirm that they will continue their collaboration on a number of projects and activities which add value to their respective customers and shareholders base.
Dina Al-SonbatyExecutive Director Corporate Strategy and Investor Relations [email protected]
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