Abu Dhabi

  • Royal Group Contemplates Acquisition of Silicon Valley Bank’s British Branch

    According to reports, according to people familiar with the matter, Royal Group, an investment company controlled by a senior member of the royal family in Abu Dhabi, is considering the possibility of acquiring the British branch of Silicon Valley Bank. The group is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, National Security Adviser of the United Arab Emirates. People familiar with the matter said that the group was discussing the possibility of acquisition through one of its subsidiaries. It is reported that the Group has not yet made a final decision and may not submit a bid. An investment company in the United Arab Emirates is considering acquiring the British branch of Silicon Valley Bank Analysis based on this information:According to reliable sources, Abu Dhabi’s investment firm Royal Group, led by the National Security Adviser of the United Arab Emirates, Sheikh Tahnoon bin Zayed Al Nahyan, is contemplating the acquisition of Silicon Valley Bank’s British branch. The Sheikh is…

    03/13/2023
    109