Wednesday, Sep 05, 2012
BEIRUT (Zawya Dow Jones)--Kuwait Finance House (KFIN.KW), or KFH, said Wednesday that talks to sell its stake in the local Al Salam [International] Hospital Co., or SIH, have ended without reaching a final agreement.
This isn't likely to have any impact on KFH's financial position, the Gulf state's largest Islamic bank said in a statement posted on the Kuwait bourse website.
KFH, which is SIH's major shareholder according to the latter's website, said in May that it was in talks to sell the stake but didn't give any details.
-By Shikrallah Nakhoul, Zawya Dow Jones, +961 1 985757, shikrallah@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
05-09-12 0939GMT
