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Himalayan Bank to acquire Civil Bank Limited at 100:81 swap ratio

KATHMANDU: Himalayan Bank Limited (HBL) has acquired Civil Bank. An preliminary acquisition agreement between these banks was signed at Yan & Yeti Hotel in Kathmandu today. The possibility of merging Himalayan and Civil Bank had weakened after the initial agreement for the merger was broken last Friday. However, after...

Himalayan Bank to acquire Civil Bank Limited at 100:81 swap ratio
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Himalayan Bank to acquire Civil Bank, agreement being signed today

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