Launch Partners

Launch Partners

Masraf plans acquisition of UK stake

QATAR: Masraf Al Rayan has announced its intention to acquire the 1.66% minority stake in its UK subsidiary, Al Rayan Bank (ARB), pending shareholder approval. Currently, Masraf holds a 73.76% majority stake in ARB, while Qatar Holding owns 24.59%. The remaining 1.66% is held by a group of retail and corporate investors from the UK and other regions.

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