BUSINESS INFORMATION - The shareholders in Kuwait telecom giant, Zain has reached an agreement with the Asian and Gulf investors to sell their 46 percent stake, the newspaper Al-Rai said in Monday editions.
If the deal goes that the sales value will reach 15 billion dollars, the newspaper said it again, as quoted by AFP.
The investor group led Kuwait Al-Khorafi, has a 11 percent stake in Zain and the capitalization of 23.2 billion dollars, the report said.
Negotiations where taking place handled by Kuwait `s National Investments Co.., An extension of Al-Khorafi group, a family conglomerate in Kuwait.
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