Kuwait's Zain slumped to a month-low on Wednesday as the deadline for a stake sale to Abu Dhabi's Etisalat (ETEL.AD: Quote) neared.
Zain fell 1.4 percent to its lowest close since Dec. 9.
Major shareholder, the Kharafi group, is leading a consortium selling a controlling stake in Zain to Etisalat.
No comments:
Post a Comment