SDBL, PDB cancel merger deal, trading of their scrips resume
Tue, Feb 4, 2014 12:00 AM on Others,
ShareSansar, February 4:
Trading of the shares of Siddhartha Development Bank Limited (SDBL) and Public Development Bank (PDB) have resumed at Nepal Stock Exchange Limited from today following the cancellation of their merger process.
Only a few days back, the central bank had given the letter of intent to these BFIs for the merger.
It is yet not clear as to why these BFIs walked out of the merger process.
