Mubasher: Qurain Petrochemical Industries has acquired 58.76% stake of Inshaa Holding’s capital at a value of KWD 7.67 million.
This takeover deal followed the procedures of evaluating the financial position of Inshaa as well as performing required amendments for the sale price and assets value, according to a bourse statement issued on Tuesday.
At the stock level, Qurain closed Tuesday’s session 1.17% higher at 345 fils.
