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Al Ahlia Insurance considering stake sale to BNH

Bahrain National Holding Co (BNH) has announced plans to buy a majority stake in the local firm Al Ahlia Insurance Co, Zawya Dow Jones has reported. BNH said it is awaiting the response of Al Ahlia's board before it embarks on a due diligence study. Total assets of BNH and Al Ahlia stood at BD80.28m and BD32.56m, respectively, as at the end of June.