VOL XXXI
NO. 20
22-FEBRUARY-1988
Financial and Banking News
INVESTMENT ACTIVITIES
BP Chief Says 20% KIO Stake Is 'Not Uncomfortable'
The chairman of British Petroleum PLC, Sir Peter Walters, last week said thatas regards the substantial minority stake held by the Kuwait Investment Office (KIO),which was increased to 19.53% on 19 February, "at 20% we are not uncomfortable in terms of practice... but there are tactical reservations aboutthe holding. We and they may collide in the market at the same...
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!