Our Network

Register for our free newsletter

 
 
Latest News

Etisalat offers Kharafi 1.7 dinar/shr for Zain-source

Etisalat said on Wednesday it had submitted a preliminary conditional offer to buy a stake in Zain.

0

September 30, 2010 9:30 by



Emirates Telecommunications Corp(Etisalat) has offered major shareholder the Kharafi Group 1.7 dinars ($5.97) per share for its stake in Kuwaiti telco Zain , a source close to the deal told Reuters.

The source, who declined to be named, was speaking after Etisalat said on Wednesday it had submitted a preliminary conditional offer to buy a stake in Zain.

(Reporting by Diana Elias; editing by Firouz Sedarat)



0

Tags: , , , ,

Leave a Comment