Cairo Amman Bank (ASE:CABK), Al Fursan Investment Group and Palestine Telecommunications Company P.L.C. (PLSE:PALTEL) signed an agreement to acquire 18.4% of The National Bank of Iraq Ltd. (NBI) from Capital Bank of Jordan (ASE:EXFB) on December 22, 2013. Capital Bank will sell 9.9% of its shares in the National Bank of Iraq to Cairo Amman Bank, 5% to the Palestinian Telecommunications Company (PALTEL), and 3.5% to Al Fursan Investment Group. Capital Bank will continue to own a majority stake in NBI.
Palestine Telecommunications Company P.L.C
Equities
PALTEL
PS5002111951
Integrated Telecommunications Services
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
4.56 JOD | 0.00% | -0.87% | -5.59% |
Stocks mentioned in the article
Price
|
Change
|
5d. change
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Capi.
| ||
---|---|---|---|---|---|
1.99 JOD | +0.51% | +0.51% | 738M | ||
1.26 JOD | +0.80% | +0.80% | 338M | ||
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-5.59% | 847M | |
+14.20% | 207B | |
+7.16% | 170B | |
+1.01% | 117B | |
-5.80% | 87.54B | |
+19.52% | 72.29B | |
+8.13% | 62.92B | |
-4.83% | 51.1B | |
-14.56% | 39.73B | |
-29.11% | 39.69B |
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- News Palestine Telecommunications Company P.L.C
- Cairo Amman Bank, Al Fursan Investment Group and Al Fursan Investment Group signed an agreement to acquire 18.4% of The National Bank of Iraq Ltd. from Capital Bank of Jordan.