Bain & Co working as consultant on Abu Dhabi NBAD-FGB merger

National Bank of Abu-Dhabi/ Photo: Bloomberg

The U.S. consulting company was picked to help with the integration of National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC, an NBAD spokesman confirmed after two people with knowledge of the matter told Bloomberg of the firm’s role. The people asked not to be identified because the information is private. Credit Suisse Group AG had earlier advised NBAD and UBS Group AG was working with First Gulf Bank on the deal’s financial terms.

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