VOL. XXXVIII

NO. 36

5-JUNE-1995

Financial and Banking News

Investment Activities

Kuwaiti Firm Buys Shares In UK's Costain Construction Group

Kuwait's largest construction company, M.A. Kharafi and Sons, announced on 29May that it has purchased a further 3.5% stake in the UK building firm CostainGroup Plc, bringing its total shareholding in the British company to almost 11%.Last March, Kharafi bought some 38.7mn shares in Costain for about $6.4mn. Thislatest purchase brings its total stake in...