KFH denies reports on merger plans with Ahli United Bank
Kuwait Finance House (KFH) said that it is currently studying strategic alternatives to maximize profit, according to a statement released on Kuwait stock market. KFH denied any talks of a potential merger with Ahli United Bank that were stated by some news reports. (Bloomberg) Kuwait Finance House: KWD0.50 as of 6 Nov, Rating: Neutral, FV: KWD0.52/share, MCap: USD8,649mn, KFIN KK / KFIN.KW
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