EK Holding sells 15% stake in "I Squared Capital Fund" at $60m

Kuwait – Mubasher: Egypt Kuwait Holding on Tuesday said that it sold its 15% stake in “I Squared Capital Fund” at a value of $60 million, according to a statement to Boursa Kuwait.

The transaction was implemented on Monday’s evening.

In 13 August, Egypt Kuwait Holding board of directors authorised the chairman and the managing director to negotiate about selling the 15% stake.

Mubasher Contribution Time: 10-Oct-2017 06:29 (GMT)
Mubasher Last Update Time: 10-Oct-2017 06:29 (GMT)