AN Investment acquires stake in BMB Investment Bank

Mubasher: BMB Investment Bank said that AN Investment has purchased 61.09 million shares of the bank’s equity.

This stake represents 25.24% of the issued ordinary and paid-up shares, according to a bourse statement issue on Monday.

AN Investment has transferred and kept the consideration at $0.1322 per share ready for settlement for the number of shares surrendered in an escrow account with Securities & Investments Company Bahrain.

 

 

 

Mubasher Contribution Time: 17-Apr-2017 10:07 (GMT)
Mubasher Last Update Time: 17-Apr-2017 10:08 (GMT)