Kuwait Finance House Explores Bid for Stake in Saudi Investment Bank

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Kuwait Finance House خبریں

Bloomberg,KFH,Investment Bank

(Bloomberg) -- Kuwait Finance House KSCP has been exploring the purchase of a significant stake in Saudi Investment Bank as dealmaking activity heats up in...

-- Kuwait Finance House KSCP has been exploring the purchase of a significant stake in Saudi Investment Bank as dealmaking activity heats up in the Middle East, according to people familiar with the matter.The Kuwaiti lender has been studying a potential investment to help bolster its regional presence, the people said, asking not to be identified as the information is private.Shares of Saudi Investment Bank jumped as much as 4.9% in Riyadh trading Tuesday. They were up 0.2% at 1:23 p.m.

Deliberations are ongoing and there’s no certainty they will result in a deal, according to the people. A spokesperson for Saudi Investment Bank didn’t respond to requests for comment. Saudi Investment Bank previously counted JPMorgan Chase & Co. as one of its biggest shareholders until the US bank sold off its stake in 2018.Chinese developer Shimao sweetens debt revamp terms ahead of liquidation hearing, sources say

Getchell Gold Corp. is pleased to announce the engagement of Forte Dynamics, Inc., of Fort Collins, Colorado to prepare a preliminary economic assessment on the Fondaway Canyon gold project in Nevada .If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for... -- Nvidia Corp. is the most expensive stock in the S&P 500 Index, with its shares trading for roughly 23 times the company’s projected sales over the next 12 months.

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

 /  🏆 47. in PK

پاکستان تازہ ترین خبریں, پاکستان عنوانات

Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔

Kuwait Finance House Explores Bid for Stake in Saudi Investment BankKuwait Finance House KSCP has been exploring the purchase of a significant stake in Saudi Investment Bank as dealmaking activity heats up in the Middle East, according to people familiar with the matter.
ذریعہ: BNNBloomberg - 🏆 83. / 50 مزید پڑھ »