Boubyan Petrochemical buys stake in Educational

Kuwait – Mubasher: Boursa Kuwait announced completing the procedures of selling 130.85 million of Educational Holding’s shares to Boubyan Petrochemical.

The sale transaction is worth KWD 39.25 million ($128.8 million), according to a statement issued on Thursday.

The benchmark price of the deal is 300 fils per share.

At the stock level, Boubyan closed Thursday’s session at 560 fils.

 

Mubasher Contribution Time: 18-May-2017 12:34 (GMT)
Mubasher Last Update Time: 18-May-2017 12:57 (GMT)