December 5, 2012 / 12:31 PM / 5 years ago

BRIEF-Kuwait's Global Investment House in formal restructuring deal

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DUBAI, Dec 5 (Reuters) - Global Investment House KSCC : * Global signs formal restructuring agreement with creditors * Global says to split core fee business from non-core principal investments,

transfer debt obligations * Global says existing shareholders to own 30 percent of firm, remaining 70

percent to be owned by creditors special purpose vehicle * Global's business after deal includes asset management, investment banking

and brokerage operations

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