Kuwait – Mubasher: Kuwait Finance House (KFH) said it still studies the offers it received from parties that are interested in buying its stake in Aref Investment Group.
Aref is a diversified investment firm which is 53% owned by KFH and has share capital of $400 million.
KFH will disclose this offer in the event that they have reached and signed a preliminary agreement, and cannot currently determine any financial impact on its statements in the absence of an agreement as yet, according to a bourse filling.