Unicorn mulls Dubai Group's Bank Islam stake

Published February 16th, 2010 - 12:33 GMT
Al Bawaba
Al Bawaba

Bahrain's Unicorn Investment Bank is studying a possible acquisition of Dubai Group's stake in Malaysia's Bank Islam, its head of strategic mergers and acquisitions told Reuters on Monday.
"We have received the information from the investment bank that is handling this for the seller. We have received it and we are reviewing it," Frederick Stonehouse told the Reuters Islamic Banking and Finance Summit in Bahrain.