VOL. XXXI

NO. 21

29-FEBRUARY-1988

Financial and Banking News

INVESTMENT ACTIVITIES

Kuwait Buys Spanish Media Stake as ERT Dispute Continues

The Kuwait Investment Office (KIO), via its Spanish subsidiary TorrasHostench, has acquired a 15% stake in Ediciones Zeta, a major Spanish news andmedia group which owns the Barcelona daily El Periodico and weekly Interviu theMadrid weekly Tiempo, and other interests including TV and film productioncompanies, a news agency, newspaper distributors and real...