Mubasher: The board members of Nafais Holding approved Boubyan Petrochemical’s proposal to purchase its entire stake in Educational Holding Group.
In mid-March, Boubyan announced its interest to acquire Nafais’ 32.8% stake in Educational Holding, with a value of 300 fils per share or a total of KWD 24.14 million.
Nafais clarified that no financial impact will be realised from this acquisition deal, according to a bourse statement issued on Monday.
