KFH and AUB to hold BoD meetings on Thursday to discuss valuation reports by advisors on potential merger
KFH and AUB have both announced that they will each be holding a BoD meeting on Thursday 24th of January to discuss the prepared reports by the international independent advisors concerning the valuation studies and the proposed exchange price of shares between KFH and AUB for the potential merger of the two banks, in order to take the appropriate action in this regard. Both banks will disclose the results of their BoD’s meetings and any new or material developments related to this subject. (Company disclosure)
Kuwait Finance House: KWD0.64 as of 22 Jan. 2019, Rating: Neutral, TP: KWD0.63/share, MCap: USD13,488mn, KFH KK/KFH.KW
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