Friday, Jul 03, 2015

Abu Dhabi Bank of America Merrill Lynch announced it has been recognised as the Best Merger and Acquisition (M&A) House in the UAE at the 2015 Euromoney Middle East Awards for Excellence.

Some of the banks transactions include the 4.1 billion sale of Maroc Telecom to Etisalat by Frances Vivendi; and Dubai International Capitals $1.7 billion sale of Mauser Group to Clayton, Dubilier & Rice.

This award is testimony to Bank of America Merrill Lynchs market leading position in M&A transactions and also a reflection of the quality of talent we attract, said Wadih Boueiz, the banks co-head of Corporate and Investment Banking and head of Sovereign Wealth Funds for Mena region.

Staff report

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