Tuesday 03, July 2018 by Kudakwashe

Al Ahleia Insurance increases stake in Trade Union Insurance

 

The stake increase has no impact on the company’s financial position.

  

span>In an announcement on its website, Al Ahleia Insurance Co. has increased its stake in Trade Union Insurance Company.

span>Al Ahleia raised its stake in the Bahraini firm to 57.94 per cent from 20.95 per cent, representing 15.64 million shares.

The expected impact will be determined once the income statements are consolidated and collected at the end of 2018.

  

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