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A concentration shall not be deemed to arise where commercial banks, other credit institutions, intermediaries of public trading in securities, collective investment undertakings or management companies and insurance companies acquire 25 per cent or more of the shares with a view to disposing of these shares in the future, provided that: The Inovest Real Estate Investment Trust (IREIT) has been authorised and approved by the Central Bank of Bahrain as an Expert Collective Investment Undertaking established as a unit trust and with Two Seas Trust as trustee. and approved by the CBB as an expert collective investment undertaking established as a unit trust and with Two Seas Trust as trustee. |
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