Middle East Economic Survey
VOL. LIII
No 3
18-Jan-2010
KUWAIT
Global Investment House Shareholders Approve $1.7Bn Restructuring Plan
Global Investment House (GIH) shareholders approved a $1.7bn restructuring plan on 12 January that transfers its principal investments and real estate assets to two new funds: Global Macro Fund, a closed unit based fund, and Real Estate Holdco. The shareholder agreement follows GIHs deal last month to reschedule the $1.7bn debt, which saw it sign new three-year...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!