KBALKingdom Bank Africa Limited (investment bank; Botswana)
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Following the transaction, Kimball International will trade on NASDAQ under the ticker symbol KBAL, while Kimball Electronics will be traded under the KE ticker.
Meanwhile, Kimball International, with pro forma annual revenue of around USD700m, will continue as a furniture business, but change its ticker symbol to KBAL from current KBALB as of the date the spin-off becomes effective, the group said.
Kimball International also said it will change its NASDAQ trading ticker symbol from KBALB to KBAL and continue to operate its furniture business.