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Banking

Q1

Dubai Islamic Bank encountered a ..... in trying to acquire MNG Bank (transaction value estimated at US$160m), but Kuwait-based The International Investor (TII) succeeded in taking over Adabank (formerly owned by the UZAN group) for a total of TL45.1m (US$32m).

(*) deadlock

(*) roadblock

(*) sandtrap

(*) setback

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