VOL. XXXI
NO. 28
18-APRIL-1988
Financial and Banking News
INVESTMENT ACTIVITIES
KIO Bid for Ebro Appears Successful
The offer by the Spanish subsidiary of the Kuwait Investment Office (KIO)Torras Hostench to take control of the Spanish sugar manufacturer Ebro appearsto have succeeded. Torras officials have received offers for more than 50% ofEbro's shares, and this was followed by an agreement between Torras and Ebrounder which the latter withdrew its objections to the Torras offer. In returnTorras...
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