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.



date:Posted: October 25, 2016
UAE. Demographic and social change, shift in global economic power, rapid urbanisation, climate change and resource scarcity, and technological breakthroughs to dictate and shape the future of the region.
date:Posted: October 24, 2016
UAE. Blockchain can impact key areas of finance including retail payments infrastructure, remittances, FX trading, trade finance, capital markets and compliance activities; Booz Allen Hamilton identifies specific opportunities, recommends how the UAE can organize and co-ordinate efforts.
date:Posted: October 24, 2016
UAE. Business confidence in Middle East improves for second consecutive quarter, but remains low amid slumping growth rates; 44% of businesses report worsening conditions; UAE in stronger position as budget surplus relaxes austerity measures.
cheap wedding dresses on Ca-Dress.com