Dubai – Mubasher: The Dubai Financial Market (DFM) on Tuesday carried out two major transactions for a combined 340 million shares in Amanat Holdings, which account for 13.6% of the company’s shares in consideration of AED 414.45 million
Following the deal, Invest Bank became a main shareholder in Amanat, while Rimco Investments’ stake shrank to 5.2% from 12.2%, according to a bourse statement.
Astro AD Cayman, which is fully-owned by Qatar First Bank (QFB), sold its 5% stake in Amanat for AED 150 million, according to the Qatar Stock Exchange (QSE).
