Kuwait’s Capital Markets Authority (CMA) announced the completion of the mandatory acquisition of Al Thekair General Trading & Contracting Co. on the shares of Kuwait and Middle East Financial Investment (KMEFIC), according to a bourse statement on Monday.

In December, KMEFIC's board considered the compulsory acquisition proposal put forward by Al Thekair to buy the remaining 25.67% of its shares.

Source: Mubasher

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