Kuwait-Mubasher: Kuwait Finance House (KFH) has signed a memorandum of understating (MoU) with a group of investors to sell the entire shares of its subsidiary Kuwait Finance House Investment.
KFH said in a bourse statement that the 150 million shares of its wholly-owned subsidiary will be sold at a value of KWD 18.95 million ($63.15 million).
The bourse statement clarified that the financial impact from this deal will be announced later.
