At least two shareholders of National Bank of Kuwait, the country's biggest lender, have received offers to sell a 10 percent stake in the bank, a newspaper reported on Thursday.
"(An investor) met with two of NBK's major shareholders ... and requested to buy a 10 percent stake in the lender at a price of up to 1.7 dinars ($5.91) per share," Kuwaiti daily al-Qabas said in an unsourced report.
The bank's shares were up 3 percent to 1.32 dinars at 0913 GMT.
"NBK has not been reached or contacted by any party. We have no details or information on this issue," NBK's spokesman said.
In March, NBK's shareholders approved a 10 percent capital increase through a rights issue to fund expansion. ($1=KD0.2877) (Reuters)For all the latest Kuwait news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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