Tuesday 7 November 2017

Dubai's Shuaa Capital eyes controlling stake in Kuwait's Global Investment House  - The National

Dubai's Shuaa Capital eyes controlling stake in Kuwait's Global Investment House  - The National:

"Dubai’s Shuaa Capital aims to conclude a deal to acquire a stake in Kuwait-headquartered Global Investment House (Global) “in the coming year”, its general manager said. Shuaa, which in October said it was interested in a deal with a Kuwaiti financial services firm, is currently in talks with the shareholders of Global for a controlling stake, Fawad Khan said in an interviewTuesday , without specifying the exact size of the shareholding Shuaa seeks in the company. The transaction is still subject to a commercial agreement between the parties and regulatory approvals."



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