12.10.2009 - Kuwait's Securities eyes KIA's stake in Zain
From Arabfinance.com: Kuwait investment firm Securities Group Co is studying a bid to buy a stake of up to 24.6 percent stake in telecom firm Zain held by the country's sovereign wealth fund, its chairman said on Sunday. Bader al-Saad, managing director of the Kuwait Investment Authority (KIA), said on Oct. 5 the fund might sell its Zain stake, though the fund is not party to talks between shareholders, the telecom firm and potential buyers.......................Full Article: Source