Solidarity to acquire BNH's insurance subsidiaries

Solidarity Bahrain signed, on 9 January 2025, a definitive agreement with Bahrain National Holding (BNH) for a potential deal.

The transaction concerns Solidarity's acquisition of 100% of BNH's subsidiaries: Bahrain National Insurance Company and Bahrain National Life Assurance Company.

The transaction is valued at 75 million BHD (197.7 million USD).

The operation remains subject to the approval of the competent authorities.