Seera nets $64m from sale of Kosan Crisplant
MANAMA, September 3, 2015
Bahrain-based Seera Investment Bank has sold an investment asset to a Saudi Arabian construction company for 424 million Danish Krone ($63.8 million). The sharia-compliant investment bank said in a statement yesterday that it sold Kosan Crisplant, a leader in filling equipment for LPG cylinders, to a regional strategic buyer, reported the Gulf Daily News (GDN), our sister publication.
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