VOL. XXXIII

NO. 10

11-December-1989

Financial and Banking News

Investment Activities

ADIA Replaces KIO as Biggest Shareholder in Trafalgar House

The Abu Dhabi Investment Authority (ADIA) has emerged as the largestshareholder in the British holding company Trafalgar House, with 5.06% of theequity. British stock market rules require disclosure of any holding over 5%,and the ADIA stake became publicly known after it had been increased from4.9%. In a letter to the company board, ADIA declared itself to...