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FINANCIAL NEWS
ANC Holdings acquires 10% stake in India Steel Works
18 Aug 2010
(MENAFN) Emirates 24/7 reported that ANC Holdings has bought 10 percent share in India Steel Works (IWS), formerly known as Isibars, for $4.11 million in an all-cash deal and also plans to expand its shareholding in the company within a year.
ANC Holdings has interests in construction, education, food and hospitality and has been talking with different Indian companies.
Post the deal, the promoter?s holding in ISW has come down to 48 percent, from the existing 55 percent. The company too wants to increase equity sale in the company to ANC Holdings.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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