National Bank of Kuwait Increases Stake in Boubyan Bank to 46.66%

NBK has increased its stake in BB to 46.66% as per the KSE.   (Very last item on the page).

Currently, NBK has Central Bank of Kuwait approval to acquire up to 60% of BB - which would mean that at present they could not buy all of Commercial Bank of Kuwait's 19.196% stake in Boubyan.  Though I suppose the Central Bank of Kuwait might be persuaded to allow them to buy more.