Saudi Prince Slashes Offer to Buy Rupali Bank
2007-12-09 - The Daily Star - The Saudi prince who agreed to buy Rupali Bank has slashed more than US $270 millon off the amount he is willing to pay for the state-owned enterprise, claiming he was misled about the size of the bad debts held by the bank. Prince Bandar bin Muhammad bin Abd al-Rahman said he is now willing to pay only $185 million instead of the $456 million he offered last year, but insists he wants to take over the bank 'immediately.'  

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