Boubyan Petrochemical Company K.S.C.P. completed the acquisition of an additional 25.13% stake in Educational Holding Group K.S.C.P. for KWD 19 million.
Boubyan Petrochemical Company K.S.C.P. (KWSE:BPCC) completed the acquisition of an additional 25.13% stake in Educational Holding Group K.S.C.P. (KWSE:EDU) for KWD 19 million on November 9, 2017. As reported, Boubyan Petrochemical Company K.S.C.P. acquired 61.65 million in Educational Holding Group shares under the offer representing approximately 25.13% of Educational Holding Group. Accordingly, Boubyan Petrochemical's stake in the Educational Holding Group grew to 56.67%.