Summary
WATER firm South Staffordshire is set to be owned by some of the Middle East's wealthiest men after agreeing a Pounds 142.6m takeover by Bahrain-based First Islamic Investment Bank.
FIIB's bid vehicle Aqua-Invest has offered 1120p per South Staffordshire share a 27pc premium to the price before bid talks were revealed.See the full content of this document
Extract
First Islamic Buys Water Firm
The bank hopes to sell on the...
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