Group led by Kuwait's NIC wins tender to buy Kuwaiti bourse stake

Euronext Athens Holding SA

14/02/2019 13:53

KUWAIT, Feb 14 (Reuters) - A consortium led by Kuwait's
National Investment Co  NINV.KW   has won the tender to acquire
44 percent of the Kuwait stock exchange, NIC's chairman said on
Thursday.
    "The winner is the private sector, the investors and the
listed companies, all the ideas we said about developing the
bourse will be implemented," Hamad al-Omairi told Reuters.
    The consortium, which includes Athens Stock Exchange
 EXCr.AT , Arzan Financial Group  ARZA.KW  and First Investment
 OLAK.KW , offered 237 Kuwaiti fils per share for the stake
purchase, he said.

 (Reporting by Ahmed Hagagy
Writng by Saeed Azhar
Editing by Edmund Blair)
 ((Saeed.Azhar@thomsonreuters.com; +971 44536787; Reuters
Messaging: saeed.azhar.reuters.com@reuters.net))