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Gulf Bank Shareholder Aims to Build $880 Million Stake in Lender
Gulf Bank’s second-biggest shareholder agreed to more than double its stake in the Kuwaiti lender as it seeks to build a holding valued at about $880 million. Alghanim Trading Co. made arrangements with related parties to acquire a 9.2 percent stake off-market, taking its stake to 16.62 percent, according to…
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Click here to read the full story: Bloomberg