Zain's (ZAIN.KW) shareholders on Tuesday approved a $3 billion windfall payout for 2010 following the Kuwaiti telco's $9 billion sale of its African assets to India's Bharti Airtel.
Zain is also expected to announce a new board at its annual shareholder meeting on Tuesday.
UAE telecom firm Etisalat ETEL.AD scrapped its $12 billion offer to buy a controlling stake in Zain last month, citing Zain's divided board, extended due diligence and regional unrest.
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