An unknown buyer made an offer to acquire 35% stake in Neova Sigorta A.S from First Takaful Insurance Company - Kuwaiti Public Shareholding Company (KWSE:FTI) on October 11, 2018. As of February 6, 2020 an unknown buyer signed an preliminary agreement to acquire 35% stake in Neova Sigorta A.S from First Takaful Insurance Company - Kuwaiti Public Shareholding Company. The deal is conditional on conducting the related due diligence. The transaction is expected to complete in three to six months.