Financial and Banking News
KIO to Buy Out Remainder of Torras
The Kuwait Investment Office (KIO), which owns nearly 40% of the shares ofits principal Spanish holding company, Grupo Torras, has been cleared by theNational Securities Commission in Madrid to bid for the remaining publicly-heldshares in the company. The KIO's bid has been launched at a time when Torras'share price is languishing far below its 1987 highs, and about half of its...
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!