"What has been reported ... is incorrect," the Kuwait Investment Authority (KIA) said in a statement late on Monday.
Kuwaiti daily Al-Jarida on Monday reported KIA had reached a deal with Global.
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Tuesday 11 August 2009
Kuwait wealth fund denies Global assets deal
Kuwait's sovereign wealth fund denied it had signed a memorandum of understanding with Global Investment House to buy 20 percent of the firm's assets, state news agency KUNA reported.
"What has been reported ... is incorrect," the Kuwait Investment Authority (KIA) said in a statement late on Monday.
Kuwaiti daily Al-Jarida on Monday reported KIA had reached a deal with Global.
"What has been reported ... is incorrect," the Kuwait Investment Authority (KIA) said in a statement late on Monday.
Kuwaiti daily Al-Jarida on Monday reported KIA had reached a deal with Global.
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