15.02.2010 - Kuwait's KIA to decide on Bharti's offer to Zain
From Reuters: Kuwait's sovereign wealth fund, the biggest shareholder in Zain, will meet soon to decide on a $10.7 billion offer from India's Bharti Airtel for some of the telco's African assets, according to a newspaper. Kuwait Investment Authority (KIA), which has a 24.6 percent stake in the telecom operator, will meet on Sunday prior to a meeting scheduled by Zain's board to discuss the offer, Kuwaiti daily al-Rai said in an unsourced report on Sunday. Official at KIA were not immediately available for comment........................................Full Article: Source
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