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Abu Dhabi Royal’s IHC Buys $1 Billion Stake in India Shadow Bank

Abu Dhabi Royal’s IHC Buys $1 Billion Stake in India Shadow Bank

Abu Dhabi’s largest listed company has agreed to acquire a significant stake in India’s Sammaan Capital Ltd. for about $1 billion, signaling foreign investors’ continued interest in the South Asian nation’s financial services sector.

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