Every now and then something happens which makes us sit up and wonder if there is any fair play in this world. The most recent of such events is the proposed merger between NIB Bank and MCB.

The board of directors of NIB Bank agreed in a meeting held on 7 December 2016 to allow a merger of NIB Bank with MCB Bank at a swap ratio of 140.043 shares of NIB for 1 share of MCB.

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