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Securities Group eyes Zain stake
- Kuwait: Monday, October 12 - 2009 at 12:21
Ali al-Mousa, Chairman and Managing Director of Kuwait-based Securities Group's has said that the firm is studying a bid to buy a stake of up to 24.6% stake in telecom firm Zain held by the Kuwait Investment Authority, Reuters has reported. 'This is a response to the announcement of KIA saying they are considering selling a stake ... all we are saying is that we are interested,' he said.
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StaffMonday, October 12 - 2009 at 12:21 UAE local time (GMT+4)
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