Doha: Lesha Bank LLC (Public) has announced its plans for the acquisition of a 51% stake in Sharaka Education Holdings WLL through its subsidiary, LB for Educational Services WLL. Sharaka Education Holdings is a Qatari company active in the education sector and manages several schools across Qatar.

According to Qatar News Agency, the acquisition is valued at QAR 192,483,746. This announcement was made in a statement published on the Qatar Stock Exchange website. The transaction is contingent upon the fulfillment or waiver of certain conditions precedent. These include obtaining necessary regulatory approvals and consents. If these conditions are met, the acquisition is anticipated to be completed by the second quarter of 2026.