VOL. XXXII
NO. 51
25-SEPTEMBER-1989
Financial and Banking News
INVESTMENT ACTIVITIES
KIO Interest in Spanish Fertilizers Increases
Erocros, which is 75% owned by the Kuwait Investment Office (KIO) via itsSpanish holding company Torras Hostench and which was formed last year after themerger of the fertilizer operations of two KIO-controlled companies in Spain,Cros SA and Explosivos Rio Tinto (ERT), has been cleared to buy up a Spanishstate-controlled fertilizer manufacturer, Inversa. An announcement...
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