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BR-2.3.12

Past version: Effective from 01 Jul 2007 to 30 Sep 2009
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A Bahraini investment firm licensee incorporated in Bahrain must seek CBB approval and give reasonable advance notice of its intention to enter into a:

(a) Merger with another undertaking; or
(b) Proposed acquisition, disposal or establishment of a new subsidiary undertaking.
Adopted: July 2007