mirror of https://github.com/hpcaitech/ColossalAI
9 lines
1.2 KiB
JSON
9 lines
1.2 KiB
JSON
[
|
|
{
|
|
"id": 0,
|
|
"instruction": "Help me summarize the following news?",
|
|
"input": "National Commercial Bank (NCB), Saudi Arabia's largest lender by assets, agreed to buy rival Samba Financial Group for $15 billion in the biggest banking takeover this year.NCB will pay 28.45 riyals ($7.58) for each Samba share, according to a statement on Sunday, valuing it at about 55.7 billion riyals. NCB will offer 0.739 new shares for each Samba share, at the lower end of the 0.736-0.787 ratio the banks set when they signed an initial framework agreement in June.The offer is a 3.5% premium to Samba's Oct. 8 closing price of 27.50 riyals and about 24% higher than the level the shares traded at before the talks were made public. Bloomberg News first reported the merger discussions.The new bank will have total assets of more than $220 billion, creating the Gulf region's third-largest lender. The entity's $46 billion market capitalization nearly matches that of Qatar National Bank QPSC, which is still the Middle East's biggest lender with about $268 billion of assets.",
|
|
"output": "NCB to pay 28.45 riyals for each Samba share. Deal will create Gulf region's third-largest lender",
|
|
"category": "closed qa"
|
|
}
|
|
] |