DBG merger settlement allows TII to re-group

The International Investor (TII) of Kuwait and Dallah AlBaraka Group (DBG) of Bahrain have reached a settlement in London in response to the failed merger of 2002. The outcome is that DBG will compensate TII in cash and assets, while still retaining a 15% share in TII. This settlement should help to stimulate both groups and provide an opportunity for improvements in management.