VOL. XXXI
NO. 49
12-SEPTEMBER-1988
Financial and Banking News
INVESTMENT ACTIVITIES
Iran Contemplates Selling Crop Stake
The Iranian Government has begun talks with a group of West German banks onthe possibility of selling its 25.01% stake in the industrial group Fried. CropGmbH, according to a statement issued by Westdeutsche Landesbank, which alongwith Deutsche Bank is leading the banks involved. Local press reports suggestthat Iran is asking for DM700mn for its stake, which was acquired for...
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