12.03.2013 - Investment Dar to sell stake in bank
Investment Dar, the controlling shareholder in British luxury car maker Aston Martin, on Sunday agreed to sell its stake in a loss-making Bahraini bank for $92m as the Kuwaiti firm restructures debt. Investment Dar accepted an offer from National Bank of Bahrain and a state-run Social Insurance Organisation Asset Management, a unit of pension fund Social Insurance Organisation, to sell its 51.6% stake, or 484-million shares, in Bahrain Islamic Bank at 72 fils apiece, according to statements posted on the Bahrain Bourse...............................................Full Article: Source
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