Kuwait's NBK Capital acquires 50% shareholding in Turkey's Bavet
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon July 23, 2012 5:27 pm

KUWAIT. NBK Capital, the investment bank owned by National Bank of Kuwait SAK, said it acquired a 50 percent stake in Bavet, a distributor of animal pharmaceuticals in Turkey.

“The capital will be used to finance Bavet’s significant expansion plans and enhance its corporate infrastructure,” NBK Capital said in an e-mailed statement today. It did not disclose the value of the deal.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 28, 2017
UAE. Founder & Chairman of Emaar Properties shares the company's success story with students; Harvard Business School Senior Lecturer Sid Yog selected Emaar as the subject of a case study.
date:Posted: April 27, 2017
INTERNATIONAL. If history shows us that science has spawned so many unintended discoveries, what is around the next corner of unintended scientific breakthroughs?
date:Posted: April 27, 2017
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
dhgate