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 | ||
4.6 JOD | -.--% | -6.31% | -4.76% |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
1.99 JOD | +1.53% | +1.53% | 738M | ||
1.27 JOD | -2.31% | -2.31% | 340M | ||
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-4.76% | 854M | |
+7.87% | 196B | |
+4.75% | 166B | |
-1.20% | 114B | |
-1.04% | 91.21B | |
+15.51% | 72.01B | |
+5.15% | 59.31B | |
-6.81% | 50.04B | |
-13.85% | 40.25B | |
-34.15% | 36.86B |
- Stock Market
- Equities
- PALTEL Stock
- 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.