Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Kuwait’s Aref Energy Says Offer to Purchase Company Is Fair

May 15 (Bloomberg) -- The board of Aref Energy Holding KSCC said an offer by Development Enterprises Holding, a unit of Kuwait Finance House, to acquire its shares for 134 fils each is “fair and appropriate.”

Aref Energy, part of Aref Investment Group, hired a consultant to assess the offer and received regulatory approval from the Capital Markets Authority, said Aref in a statement posted today on the Kuwait Stock Exchange website.

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

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.