Kuwait’s Kamco Sells 6.2% Shareholding in Advanced Technology
Kipco Asset Management Co. (KAMCO), a Kuwaiti investment banking and financial advisory firm, sold its 6.2 percent stake in Advanced Technology Co. (ATC) for 7.8 million dinars ($28 million), according to a statement to the Kuwait Stock Exchange today.
Kipco Asset, known as Kamco, didn’t make any profit from the sale, according to the statement.
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