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Bahrain National Holding drops Alahlia bid

Manama, June 29, 2014

Bahrain National Holding, whose insurance unit was seeking to buy a majority stake in Alahlia Insurance Company, said on Sunday the two sides had failed to agree on the price of the deal.

The parties have therefore decided it is "not appropriate to proceed with the transaction", it said in a brief bourse statement.-Reuters




Tags: Bahrain National Holding | Bid |

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