Kuwait – Mubasher: Al Imtiaz Investment Group said on Wednesday that it intends to sell its stake in Khaleeji Commercial Bank which is listed on Bahrain Bourse (BHB).
The Kuwaiti company clarified in a bourse statement that the financial impact from this deal will not be determined until the deal is sealed.
Al Imtiaz owns a stake of 14% in Khaleeji Commercial, while GFH Group has the largest share of 47% in the Bahraini bank, based on the latest data available for Mubasher.
