VOL. XXXV

NO. 25

23-MARCH-1992

Financial and Banking News

Regional Banking

Investcorp Leads Bid For Circle K of the US

Bahrain-based Investcorp is leading a group of investors seeking to buyCircle K, the bankrupt US company with 3,700 stores throughout the US. About 80%of the stores had gasoline outlets, involving total sales of some 120,000 b/d(mainly of gasoline, but including small volumes of diesel). The Investcorpgroup, which includes investors from the Middle East, Spain and the US, has...