Powerful UAE Royal's Firm Mulls Takeover of SVB's UK Unit (2) – Bloomberg Law

Royal Group, an investment firm controlled by a top Abu Dhabi royal, is considering a possible takeover of the UK arm of Silicon Valley Bank following its collapse last week, according to people familiar with the matter.

The conglomerate, chaired by United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan, is discussing a potential buy-out through one of its subsidiaries, said the people, who asked not to be identified because the discussions are private.

No final decision has been made and a bid may not be tabled. Representatives for Royal Group didn’t immediately respond to requests …