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Bahrainis eye BBK stake
- Bahrain: Sunday, December 30 - 2007 at 16:36
Investors from Bahrain are looking to acquire a sizeable holding in the Bank of Bahrain and Kuwait (BBK) from Kuwaiti owners for around 535 fils per share, reported Reuters citing Kuwait's Al Watan newspaper. The paper did not name the possible investors but said the Kuwaiti shareholders had shown no desire to sell their stake. Al Watan also suggested Kuwait's Zumorroda Investment wanted to hike its own holding to 35%.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 30 - 2007 at 16:36 UAE local time (GMT+4)
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