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Inovest sells stake in project to Ossis

Bahrain Business
Wed, 06 Apr 2016
GDN Online Desk


Manama: Bahrain-based Inovest Group has sold its ownership stake in Tala Property Development through a share purchase contract with Ossis. Under the terms of the agreement, Inovest’s 60 per cent stake holding in the project has been transferred to Ossis, for a transaction value of approximately $7.

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