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Kuwait's First Takaful receives offer for 35% stake in Neova Sigorta

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Kuwait's First Takaful receives offer for 35% stake in Neova Sigorta

Kuwait-based First Takaful Insurance Co. - KPSC received an acquisition offer for its 35% stake in Turkey-based Neova Sigorta.

The company said there will be no financial impact from this offer until a final sales agreement is signed based on an agreed-upon sales price.