Tamdeen Extends Deadline to Sell Stake in Ahli United Bank to December 1

Al Tamdeen Investment Co., a Kuwaiti firm, said it extended a deadline to sell a stake in Ahli United Bank to Dec. 1 upon a request from the possible buyers.

The company said the lender has a branch in the U.K., which requires British approvals for the sale, according to a statement to the Kuwait bourse today.

To contact the reporter on this story: Dahlia Kholaif in Kuwait at dkholaif@bloomberg.net

To contact the editor responsible for this story: Inal Ersan at iersan@bloomberg.net

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