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07-Dec-2016

CBK sold 7% stake in Kuwait & Gulf Link Transport and 6% stake in National Cleaning

Commercial Bank Of Kuwait (CBK) stated on media reports that it divested 7.19% stake in Kuwait & Gulf Link Transport and 6.07% stake in National Cleaning. The information on divestment in companies was disclosed to capital markets authority and the Kuwaiti stock exchange on 30 November 2016. (Reuters)   Commercial Bank of Kuwait: KWD0.42 as of 6 December 2016, Rating: Neutral, TP: KWD0.49 per share, MCap: USD2,095 million, CBK KK / CBKK.KW

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