DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Raymond James - 1 David Long - 1 Long - 1 Ares Management - 1 PacWest - 1 Omar Fahmy - 1 Fahmy - 1 Warburg Pincus - 1
Top related locs:
California Banc U.S Los Angeles , California Bengaluru
Top related orgs:
PNC - 1 Western Alliance - 1 Warburg - 1 Centerbridge Partners - 1 Manya Saini - 1 Thomson - 1

Search resuls for: "Omar Fahmy"


3 mentions found


☆ PacWest stock soars on $1.1 bln buyout deal with Banc of California
  + stars: | 2023-07-26 | by ( Niket Nishant Manya Saini | Niket Nishant | Manya Saini | ) www.reuters.com   time to read: +2 min
July 26 (Reuters) - PacWest Bancorp's (PACW.O) shares rose nearly 38% in premarket trading on Wednesday, a day after smaller rival Banc of California (BANC.N) agreed to buy the lender for $1.1 billion in an all-stock deal. Banc of California's shares jumped nearly 13% after the lender said it would pay 0.6569 share to PacWest stockholders for each share they own. PacWest stock was trading at $10.47, higher than the offer price of $9.60 per share, per calculations based on Banc of California's closing price on Tuesday. "The deal marks a structural transformation for BANC and accelerates its evolution, with a much improved profitability profile exiting 2024." Private equity firms Warburg Pincus and Centerbridge Partners have agreed to invest $400 million in Banc of California's buyout deal.
Persons: Raymond James, David Long, Long, Ares Management, PacWest, Omar Fahmy, Fahmy, Warburg Pincus, Niket Nishant, Manya, Shinjini Organizations: Reuters, PNC, Western Alliance, Warburg, Centerbridge Partners, Manya Saini, Thomson Locations: California, Banc, U.S, Los Angeles , California, Bengaluru
☆ Saudi crown prince Mohammed bin Salman to attend Qatar World Cup on Sunday
  + stars: | 2022-11-19 | by ( ) www.reuters.com   time to read: 1 min
Nov 20 (Reuters) - Saudi crown prince Mohammed bin Salman arrived in Doha late on Saturday to attend the opening ceremony of the World Cup on Sunday, the Amiri Diwan of Qatar said. Saudi Arabia and Qatar have improved ties after a resolution early last year to end a political row that had led to Saudi Arabia, along with UAE, Bahrain and Egypt, boycotting Doha for over three years. Reporting by Omar Fahmy and Mahmoud MouradOur Standards: The Thomson Reuters Trust Principles.
☆ Saudi crown prince not attending Arab summit on doctors' advice, Algerian presidency says
  + stars: | 2022-10-22 | by ( ) www.reuters.com   time to read: +1 min
CAIRO, Oct 23 (Reuters) - Saudi Crown Prince Mohammed bin Salman will not attend the Arab summit to be held on Nov. 1 in Algeria, in compliance with a doctors' recommendation to avoid travel, the Algerian presidency said in a statement late on Saturday. Prince Mohammed, the kingdom's de-facto ruler, "expressed his regret for not attending the Arab summit", in a phone call with Algerian President Abdelmadjid Tebboune, the statement said. The Saudi foreign ministry later issued a statement on the telephone conversation between the two leaders but did not mention that the Crown Prince was not attending the summit. Arab heads of state are expected to convene for their upcoming 31st summit to be held in Algiers on Nov. 1-2. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ahmad Elhamy and Omar Fahmy; Editing by Daniel Wallis and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 3