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Kingdom to finish Zain due diligence by Sept endSaudi Arabia's Kingdom Holding Company (KHC) will complete due diligence on its joint $950 million bid to buy a quarter-stake in telecoms operator Zain Saudi by the end of September, Kingdom said in statement to the Saudi bourse on Saturday. More… |
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Zain Saudi sees due diligence by Aug endKuwaiti telco Zain said it expects due diligence on its planned $950 million sale of a 25 per cent stake in its Saudi affiliate to be completed by the end of August. The transaction is expected to be finalised in the third quarter o More… |
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Gulf firms 'must invest in self-due diligence'The companies in Gulf region can substantially increase their attractiveness to European and US partners and investors through simple self-due diligence, said the head of a top US corporate investigations firm at a conference in Dubai. Dan More… |
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Etisalat due diligence on Zain 'almost done'UAE telecom firm Etisalat has almost completed the due diligence process for its proposed 46 percent stake buy in Kuwait's Zain, a Kuwaiti newspaper reported on Monday. 'The due diligence process is almost comple More… |
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Etisalat 'working to complete Zain deal'UAE's leading telecom operator Etisalat said it was still working to complete a "definitive transaction" with Kuwait-based Zain, despite missing a January 15 deadline for due diligence. Etisalat in its update on the status of its prop More… |
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Zain board meets to discuss opening booksThe board of Kuwaiti telecom Zain will meet on Sunday to discuss opening the company's books for due diligence by UAE's Etisalat which has offered to buy 46 percent of the company. The bourse said in a statement the meeting will take place More… |
