Saudi’s STC takes majority control of Kuwait’s Viva

DUBAI, Feb 18 (Reuters) – Saudi Telecom Co (STC)has completed the purchase of a further 25.8 percent stake inKuwait’s Viva, Kuwait’s stock market said on Thursday. STC has “completed procedures to execute the deal to acquireshares in Viva,” the bourse said. Kuwait’s Capital Markets Authority had approved theacquisition of 128.86 million shares in Viva, the bourse said ina statement. The purchase price was equivalent to one dinar($3.34) per share, it said. The