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AUB receives offer on combined stake in KMEFIC

AUB receives offer on combined stake in KMEFIC
AUB Bahrain owns 67.33% stake in AUB Kuwait
AUB Bahrain
AUB
0.21% 0.97 0.00
ALMUTAHED
ALMUTAHED
-0.35% 288.00 -1.00
KMEFIC
KMEFIC
0.71% 99.70 0.70

Mubasher: Ahli United Bank - Bahrain (AUB Bahrain), listed on Boursa Kuwait and Bahrain Bourse (BHB), and its subsidiary Ahli United Bank - Kuwait (AUB Kuwait) have received an offer from Hamad Saleh Al Thekhair for a potential sale of their combined shareholding in Kuwait and Middle East Financial Investment Company (KMEFIC).

Both AUB Bahrain and AUB Kuwait’s combined equity in KMEFIC represents 74.3% of the issued shares, according to a bourse disclosure on Wednesday.

Noteworthy, AUB Bahrain owns 67.33% stake in AUB Kuwait.