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...
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