Emirates NBD launches Rs 11,636 crore open offer for 26% in RBL Bank
Emirates NBD, Dubai’s largest banking group, has announced an open offer to acquire up to 26% of RBL Bank at Rs 280 per share, valuing the deal at Rs 11,636 crore. The open offer, made in accordance with the Sebi rules, follows the bank’s plan to acquire a majority stake in RBL Bank through a…