VOL. XXXII
NO. 2
17-OCTOBER-1988
Financial and Banking News
INVESTMENT ACTIVITIES
Olayan Finances CSFB Merger
The prominent Saudi Arabian entrepreneur Sulaiman Olayan has provided $600mnin bridging finance for the newly-formed merger between Credit Suisse-FirstBoston (of London) and First Boston Inc. (of the US) which was announced on 9October. The new firm, known as CS First Boston, will be 44.5% owned by CreditSuisse of Zurich via its associate company CS Holding. 25% will be held by the...
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