Boubyan Petrochemical Company K.S.C.P. (KWSE:BPCC) agreed to acquired English Playgroup Educational Company for KD 63.5 million on August 9, 2023. Kuwait Competition Protection Agency approved the deal. Michel G. Ghanem and Abdulwahab Sadeq of Meysan Partners acted as legal advisors to Boubyan in this transaction. Boubyan Petrochemical Company K.S.C.P. paid KWD 53 million in cash and KWD 10.5 million in form of contingent payment.

Boubyan Petrochemical Company K.S.C.P. (KWSE:BPCC) completed the acquisition of English Playgroup Educational Company for KD 53 million on November 1, 2023.