AlQabas reports that an unnamed Bahraini Investment Bank is acting as a middleman between Turkcell and major shareholders. Starting price talk is KD1.5 per share. Last time I looked Zain was trading at KD1.3 per share. If I'm reading the last our words correctly وعند اي سعر major shareholders sound eager to sell.
The sale results from an urgent need for cash and constrained financing from Kuwaiti banks.
Posts
No comments:
Post a Comment