Zain Group receives USD 1.3 bln offer for Sudan business

Thursday 9 December 2021 | 09:49 CET | News
Zain Group said it has received a non-binding purchase offer from Invictus Holding Co (IHL) to acquire its entire stake in Zain Sudan and Kuwaiti Sudanese Holding Co for USD 1.3 billion. In a statement to the Kuwaiti bourse, Zain said the board has decided to proceed with the due diligence process to provide the initial approval.

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Categories: Mobile & Wireless
Companies: Zain / Zain Group / Zain Sudan
Countries: Sudan
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