Financial and Banking News
CIDCO, AGICO Abandon Merger Plans
A joint announcement from Coast Investment and Development Company (CIDCO)and Arabian General Investment Company (AGICO) on 6 June has made it clear thatthe companies have abandoned negotiations for a merger between them. Talks andstudies carried out in recent months have apparently resulted in a decision thatsuch a merger would not be feasible. This is the second abortive attempt at amerger...