Browse related articlesIthmaar sells 2.47% of BBK stake
Bahrain: Tuesday, June 17 - 2008 at 11:00
Ithmaar Bank, a Bahrain-based investment bank, and Kuwait-based Global Investment House have agreed to rebalance their stake in Bank of Bahrain and Kuwait (BBK). Ithmaar Bank sold 20 million shares representing 2.47% of BBK's issued and paid up capital to Global Investment House at BD0.724 per share. Ithmaar Bank and Global Investment House will now hold 24.38% and 18.95% stake respectively in BBK.
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Jeff Florian, Senior ReporterTuesday, June 17 - 2008 at 11:00 UAE local time (GMT+4)
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