Al Thekair seals full acquisition of KMEFIC

Mubasher: Kuwait’s Capital Markets Authority (CMA) announced the completion of the mandatory acquisition of Al Thekair General Trading & Contracting Co. on the shares of Kuwait and Middle East Financial Investment (KMEFIC), according to a bourse statement on Monday.   

In December, KMEFIC's board considered the compulsory acquisition proposal put forward by Al Thekair to buy the remaining 25.67% of its shares.       

Mubasher Contribution Time: 17-Feb-2020 13:10 (GMT)
Mubasher Last Update Time: 17-Feb-2020 15:11 (GMT)