for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Financials

BRIEF-Bupa to Increase Stake in Bupa Arabia to 39.25 Pct

March 15 (Reuters) - BUPA ARABIA FOR COOPERATIVE INSURANCE COMPANY:

* BUPA TO INCREASE STAKE IN BUPA ARABIA TO 39.25 PERCENT WITH NAZER GROUP CONTINUING TO REMAIN A LONG-TERM SHAREHOLDER

* THIS FOLLOWS AN AGREEMENT ON ACQUISITION OF PORTION OF NAZER GROUP’S STAKE IN BUPA ARABIA, RESULTING IN 5 PERCENT INCREASE OF BUPA’S STAKE TO 39.25 PERCENT

* TRANSACTION BETWEEN BUPA AND NAZER GROUP AND AGREED PRICE OF 100 RIYAL PER SHARE, TOTALING TO 400 MILLION RIYALS Source text for Eikon: Further company coverage:

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up