Financial and Banking News
KIO Buys Swiss Research Laboratory
The Geneva subsidiary of the Columbus, Ohio-based research organizationBattelle is being sold to a subsidiary of the Kuwait Investment Office (KIO) foran undisclosed sum. The KIO subsidiary is a Canadian company, CEL Industries,and the Swiss lab will be renamed as Intracel. The KIO owns 60% of CEL, whichhas announced plans to double the size of Intracel's research staff to 60 overthe...