Kingdom, Batelco Pull $950 Million Bid for Zain Saudi Stake - Business
 

29-09-11 10:11 AM

Sept. 29 (Bloomberg) -- Kingdom Holding Co. and Bahrain Telecom Co. abandoned a plan to buy 25 percent in Zain Saudi Arabia, the kingdom’s third-largest mobile-phone company by market value, for $950 million from Kuwait’s Zain Group.

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