Bahrain National Holding Company B.S.C. (BAX:BNH) provided update regarding non-binding negotiation to acquire 25% stake of Al Khaleej Takaful Insurance Company Q.P.S.C. (DSM:AKHI) in BNH's subsidiary Bahrain National Life Assurance Company B.S.C. (c) (BNL). All parties BNH, BNL and Al Khaleej Takaful Insurance Company (AKTI) agree to end negotiation without completion of proposed transaction and shall continue with partnership of AKTI in BNL.