Warba Bank signs SPA with AUB to buy 75.72% of KMEFIC
Warba Bank has signed a Share Purchase Agreement (SPA) with AUB-Group and AUB-Kuwait for the purchase of their collective shareholding of 75.72% in Kuwait and Middle East Financial Investment Company (KMEFIC), with total outstanding shares of 196.3mn at 52.065fils per share, subject to regulatory authority approval.
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