Wednesday 22 August 2012

STOCKS NEWS MID EAST-Kuwait's Wataniya jumps to 3-mth high after Qtel offer - Yahoo! News Maktoob

Kuwait's Wataniya jumps to a three-month high as it resumes trade following Qatar Telecom's offer to buy remaining stake in the telco.
Shares in Wataniya are up 4.6 percent to 2.3 dinars per share, their highest level since May 19.
Qtel already owns 52.5 percent of the firm and is offering 2.6 dinars per share for the stake.

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