An unknown buyer made an offer to acquire 35% stake in Neova Sigorta A.S from First Takaful Insurance Company - Kuwaiti Public Shareholding Company (KWSE:FTI) on October 11, 2018. As of February 6, 2020 an unknown buyer signed an preliminary agreement to acquire 35% stake in Neova Sigorta A.S from First Takaful Insurance Company - Kuwaiti Public Shareholding Company. The deal is conditional on conducting the related due diligence. The transaction is expected to complete in three to six months. An unknown buyer completed acquiring 35% stake in Neova Sigorta A.S from First Takaful Insurance Company - Kuwaiti Public Shareholding Company (KWSE:FTI) for around KWD 12.14 million on May 10, 2020