GIH’s unit takes over food firm at KWD 800K

Mubasher: Afkar Holding, a subsidiary of Gulf Investment House (GIH), has entered into a share sale agreement to raise its stake in Light Food Company to 100% from 50%.  

The acquisition deal is valued at KWD 800,000, according to a bourse statement on Sunday.

Furthermore, this takeover deal will generate higher investments by KWD 415,360. 

Mubasher Contribution Time: 09-Feb-2020 09:09 (GMT)
Mubasher Last Update Time: 09-Feb-2020 10:52 (GMT)