A number of Kuwaiti Arabic newspapers are reporting that un-named investors are seeking to buy stakes in the Housing Finance Company, according to Reuters. It is believed one investor is hoping to buy the Commercial Bank of Kuwait's 11.9% stake, while a Kuwaiti investment firm is targeting Global Investment House's 4% holding. It has also been reported that several investors are eyeing a stake of up to 20% in the firm. [AMEInfo.com]



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Posted: 09|24|07 at 3:53 am. Filed under: News.