Hedge Funds & Alternative Investments
Mergers & Acquisitions
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SHUAA, funds sell all their Khaleeji Commercial Bank stake
SHUAA Capital psc has announced that it has sold its 3.8% stake in Khaleeji Commercial Bank B.S.C. (“KHCB”), totaling 34,648,071 shares, to GFH Financial Group. The sale is expected to contribute positively to SHUAA’s Q2 financials. The sale of KHCB shares represents continued progress in SHUAA’s stated intention to exit…
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Source: SHUAA Capital