Kuwait Foundry exits stake in Americana

Mubasher: Kuwait Foundry has sold its entire stake in Kuwait Food – Americana to UAE’s Adeptio AD Investments.

The company noted that selling its stake to Adeptio generated a profit of KWD 5.71 million, according to a bourse statement issued on Monday.

At the stock level, Kuwait Foundry fell by 1.67% to reach 295 fils by the end of Monday’s session.

 

Mubasher Contribution Time: 13-Mar-2017 11:24 (GMT)
Mubasher Last Update Time: 13-Mar-2017 11:27 (GMT)