KFH exits unit for KWD 5.6m

Kuwait – Mubasher: Kuwait Finance House (KFH) has signed a deal on Thursday to sell its 80%-stake in Public Services Co for KWD 5.6 million ($18.35 million), according to a statement.

The deal’s impact will be reflected in the consolidated financials for the first quarter of 2017.

The statement did not disclose any details about the buyer.

Mubasher Contribution Time: 26-Mar-2017 08:58 (GMT)
Mubasher Last Update Time: 26-Mar-2017 13:23 (GMT)