Warba Bank K.S.C.P. cancelled the acquisition of 75.72% stake in Kuwait and Middle East Financial Investment Company K.S.C.P. from Ahli United Bank B.S.C. and Ahli United Bank K.S.C.P..
Warba Bank K.S.C.P. (KWSE:WARBABANK) cancelled the acquisition of 75.72% stake in Kuwait and Middle East Financial Investment Company K.S.C.P. (KWSE:KMEFIC) from Ahli United Bank B.S.C. (BAX:AUB) and Ahli United Bank K.S.C.P. (KWSE:ALMUTAHED) on August 20, 2019. Hamad Saleh Al Thekhair signed an agreement to acquire 75.6% stake in Kuwait and Middle East Financial Investment Company K.S.C.P. (KWSE:KMEFIC) from Ahli United Bank K.S.C.P. (KWSE:ALMUTAHED) and Ahli United Bank B.S.C. (BAX:AUB) for KWD 11.4 million on August 20, 2019.