KFH strategy does not rule out takeover deals

Mubasher: The Kuwait Finance House (KFH) clarified that the bank’s strategy does not rule out acquiring other banks in the region; however, no agreements were recently signed regarding any takeover offers, according to a bourse statement issued on Tuesday.

This statement followed the news published on Tuesday; the news story said that Kuwait Investment Authority (KIA) has appointed an international consultant to study the merger between KFH and AUB.