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FINANCIAL NEWS
Kuwait’s Kipco plans to invest in local health insurance firm
05 Jul 2013
(MENAFN) Kuwait Projects Co (Kipco) unveiled plans to buy stake in Kuwait Health Assurance Co (KHAC), Reuters reported.
KHAC, which wants to sell a 26 percent strategic stake to investors, aims to privatize expatriate health insurance and associated medical care.
Kipco is a major regional investment power house that holds stakes in media, industrial, financial and real estate companies.
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