Wealth manager WH Ireland has stated in a statement that Kuwaiti European plc is looking to purchase a stake in the company . Reports indicate that Kuwaiti European Holdings has bid to acquire 50 % of the firm . The statement was prompted by recent speculation in the media that a deal was imminent , with shares in the company rising over 50 % between July and September after rumours began .
Wealth manager WH Ireland has confirmed in a statement that Kuwaiti European Holdings is looking to purchase a stake in the company. Reports indicate that Kuwaiti European Holdings has bid to acquire 30% of the firm. The statement was prompted by recent speculation in the media that a deal was imminent, with shares in the company rising over 10% between July and September after rumours began.