StanChart Is Still in Play as Abu Dhabi's FAB Explores $35 Billion Offer

  • FAB is said to have completed due diligence on British lender
  • Regulatory approvals, compliance are seen as biggest obstacles
Photographer: Anthony Kwan/Bloomberg
Lock
This article is for subscribers only.

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

First Abu Dhabi Bank PJSC is pressing ahead with a potential offer for Standard Chartered Plc, after a move to put earlier takeover plans on hold didn’t halt its ambitions to become a global financial powerhouse.