Educational notified on stake acquisition deal

Mubasher: Educational Holding Group received a notification letter from Nafais Holding, in which board members approved the offer proposed by Boubyan Petrochemical, according to a bourse statement issued on Tuesday.

In a previous bourse filing, Boubyan showed interest in purchasing Nafais’ 32.8% stake in Educational Holding, with a value of 300 fils per share or a total of KWD 24.14 million.

 

Mubasher Contribution Time: 21-Mar-2017 11:35 (GMT)
Mubasher Last Update Time: 21-Mar-2017 11:48 (GMT)