Al Thekair General Trading & Contracting Co. launched a mandatory proposal to acquire the remaining 25.67% stake of Kuwait and Middle East Financial Investment Company K.S.C.P. (KWSE:KMEFIC) for KWD 3.9 million on December 16, 2019. Under the terms of the acquisition, Al Thekair will pay 0.059 KWD per share of KMEFIC. Baker Tilly Consulting acted as an independent advisor in the transaction. Al Thekair General Trading & Contracting Co. completed the acquisition of the remaining 25.67% stake of Kuwait and Middle East Financial Investment Company K.S.C.P. (KWSE:KMEFIC) on February 17, 2020.