Batelco talks to banks over Zain but questions remain
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Batelco talks to banks over Zain but questions remain

Bahrain Telecommunications Company (Batelco) and Saudi Arabian investment company Kingdom Holding have signed a non-binding term sheet with Kuwaiti telecoms company Zain. The agreement outlines the terms for the purchase of Zain’s 25% stake in Zain Saudi Arabia and is in line with an offer made in March.

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