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: August 29, 2016
SAUDI ARABIA. 88% say advanced manufacturing will transform industrial sector in the next decade; 61% say new innovation approaches in energy sector will reap huge benefits.
date:Posted: August 29, 2016
INTERNATIONAL. PwC Report: Healthy eating is increasingly on consumer's agendas, with millennials leading the way.
date:Posted: August 28, 2016
UAE. Entrepreneurs cite personal fulfillment, freedom to choose a work-life balance and the ability to be their own boss, according to Bayt.com and YouGov report.
dhgate
cheap wedding dresses on Ca-Dress.com