Riyadh-Mubasher: Saudi Telecom (STC) announced receiving an approval from Kuwait’s Capital Markets Authority (CMA) to reveal the sale proposal documents for purchasing shares of Kuwait Telecommunication (Viva).
STC will buy stocks of Viva for KWD 1 (SAR 12.37) per share, included in the purchase offer which has duration period from 27 December to 31 January, 2016.