Kuwait Zain pays $12.5 mln to up stake in Bahrain unit to 63 pct
 

07-05-14 08:30 AM

DUBAI, May 7 (Reuters) - Kuwait's Zain has upped its stake in its Bahraini subsidiary to 63 percent after buying a further 6.25 percent for $12.5 million, the telecom firm said, allowing it to retain majority control after the unit's stock market listing.

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