United Industries Company K.S.C.P. agreed to acquire 6.6% stake in United Gulf Holding Company B.S.C. (BAX:UGH) from Kuwait Projects Company Holding K.S.C.P. (KWSE:KPROJ) on August 5, 2021. Under the terms United Industries Company K.S.C.P acquired 29 million shares. Pre acquisition Kuwait Projects Company Holding K.S.C.P. held 343.6 million shares and Post acquisition holds 314.6 million.

United Industries Company K.S.C.P. completed the acquisition of 6.6 % stake in United Gulf Holding Company B.S.C. (BAX:UGH) from Kuwait Projects Company Holding K.S.C.P. (KWSE:KPROJ) on August 5, 2021.