VOL. XXXIII
NO. 19
12-FEBRUARY-1990
Financial and Banking News
Investment Activities
Saudi Group Makes Hostile Bid for UK Company
The Jameel Group of Saudi Arabia, which holds the agency for Toyota cars andcontrols 40% of the new car market in the Kingdom as well as running consumercredit and construction divisions, is in the midst of an acrimonious hostilebid for Hartwell, a British car distributorship based in Oxford. Jameel firstbought into Hartwell in 1987, when it acquired a disclosable stake...
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