Financial and Banking News

INVESTMENT ACTIVITIES

ABC Buys Stake in Dutch Construction Company 

The Bahrain-based Arab Banking Corporation (ABC) last week announced that it has purchased a 7.1% 'peaceful strategic stake' in the Dutch construction company, Hollandsche Beton Groep NV, which is listed on the Amsterdam Stock Exchange. The stake, comprising 200,000 shares, was purchased as a block on 22 May. ABC also announced that it had previously acquired smaller amounts of...