Kuwait Finance House offloads AED 1.3 bn stake in Sharjah Islamic Bank
Kuwait’s largest lender will sell its 18.2% stake at AED 2.2 apiece
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Kuwait’s largest lender will sell its 18.2% stake at AED 2.2 apiece
The transaction is valued at USD 360 mn, and expected to close later this year
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AD Ports acquired a 70% stake in Safina’s parent company IACC Holdings in 2022
It is still uncertain whether ADQ will move forward with the acquisition
Rowad Capital Commercial is expected to initially invest around USD 225 mn
The consortium plans to finance part of the acquisition with a GBP 1.72 bn interim senior loan facility
B’naire Patrick Drahi will commit capital to retain his majority stake of Sothbey’s
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