VOL. XXXNO. 510-NOVEMBER-1986
Financial and Banking News
INVESTMENT ACTIVITIES
KIO Sells Barratt Stake
The London-based Kuwait Investment Office (KIO) last week sold its 11.8%stake in the British real estate company Barratt Developments. The KIO sold its20mn shares, which it had built up over the past three years, as the marketprice reached 152p, making the value of its sale about $31.8mn.
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