Financial and Banking News
INVESTMENT ACTIVITIES
KIO Takes 21% of Exco
The London-based Kuwait Investment Office (KIO) has acquired a 21% stake in Exco, one of the largest British financial service companies with 1,700 employees and mid-1985 pre-tax profits of £49.4mn. The KI0 acquired 50.1mn shares at 215p, valuing its stake at £108mn.
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!