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Bupa Investments Raises Stake in Saudi's Bupa Arabia to 43.25 Percent
September 1st, 2020 - 10:00 GMT

Bupa Investments Raises Stake in Saudi's Bupa Arabia to 43.25 Percent

Bupa Investments Overseas Limited (BOIL) has completed the acquisition of four percent of Nazer Group’s stake in Bupa Arabia, raising its ownership in the Saudi-listed insurer to nearly half, according to Zawya. The transaction, which involved the purchase of 4.8 million Bupa Arabia shares from Modern Computer Programs Company (MCPC), a Nazer Group firm, was done on August 30, the company said on Monday. The deal was a private cash ...
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