VOL. XXXI
NO. 15
18-JANUARY-1988
Financial and Banking News
INVESTMENT ACTIVITIES
UK Says Kuwait Does Not Seek Control of BP
According to a statement by the UK Treasury on 8 January, the KuwaitiGovernment has given assurances that it does not seek a controlling interest inBritish Petroleum (BP). Press reports in London indicate that the Kuwaiti assurances were given in mid-December, via diplomaticchannels, at a time whenthe Kuwait Investment Office (KIO) held only some 14% of BP. The Treasury's...
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!