Kuwait Finance House to purchase Bahrain's Ahli United for $11.6 billion.

Follow-ups -eshrag News:

Thu, 2022-07-07 21:53

KUWAIT: Kuwait Finance House (KFH) has agreed to purchase Bahrain’s Ahli United for approximately $11.6 billion.

The deal, which has been in the works for nearly four years, would be among the largest in the banking sector this year.

As a rare cross border deal in the Middle East, it would create the Gulf’s seventh-largest lender with $115bn in assets.

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Business & Economy

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