KFH denies selling majority stake in Aref Investment

Mubasher: The Kuwait Finance House (KFH) has disclosed a statement to comment on the news story published in Al Jarida newspaper on 2 October over accepting an offer to purchase KFH’s majority stake in Aref Investment Group.

KFH denied this news, clarifying that the bank is still reviewing all presented offers, from investors inside and outside Kuwait, related to the purchase of its majority share or assets in Aref, according to a bourse filing issued on Monday.

KFH has previously disclosed full material developments in this respect since 27 March 2016.

Mubasher Contribution Time: 02-Oct-2017 13:40 (GMT)
Mubasher Last Update Time: 02-Oct-2017 13:40 (GMT)