Flip through the latest issue of Gulf Weekly.
Batelco and Kingdom Holding Company announced that its consortium to purchase Zain Kuwait’s 25 per cent stake in Zain Saudi Arabia anticipates completing due diligence by the end of this month.
The consortium intends to move to complete its proposed acquisition based on term sheets signed in April and July 2011 with Zain Group and Zain Saudi Arabia respectively, as soon as all outstanding conditions are satisfactorily negotiated with all parties concerned.
