UAE’s Etisalat plotting acquisition of 46 per cent of Kuwait’s Zain
The funding structure for Etisalat’s $11.7bn acquisition of 46 per cent of Kuwait’s Zain is expected to be cleared by next week, Zawya Dow Jones has reported, citing a banker working on the deal. “Things are progressing well and are on the right track. We’ll know more on the financing of the deal by next week,” the National Bank of Kuwait executive told the news service.
You might also like...
TotalEnergies to acquire remaining 50% SapuraOMV stake
26 April 2024
Hyundai E&C breaks ground on Jafurah gas project
26 April 2024
Abu Dhabi signs air taxi deals
26 April 2024
Spanish developer to invest in Saudi housing
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.