A financial institution made an offer to acquire an unknown minority stake in Arkan Al-Kuwait Real Estate Company K.S.C.P. (KWSE:ARKAN) from Gulf Investment House K.S.C.P. (KWSE:GIH) for KWD 5.5 million on December 16, 2018. As part of transaction, Gulf Investment House will sell its entire stake in Arkan Al-Kuwait. The offer has been approved by the board of Gulf Investment House.
Arkan Al-Kuwait Real Estate Company K.S.C.P.
Equities
ARKAN
KW0EQ0402259
Real Estate Development & Operations
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- A financial institution made an offer to acquire an unknown minority stake in Arkan Al-Kuwait Real Estate Company K.S.C.P. from Gulf Investment House K.S.C.P. for KWD 5.5 million.