VOL. XXXVII
NO. 49
5-SEPTEMBER-1994
Capital Markets
KIA To Sell Part Of Its Stake In Commercial Facilities Company
The state-owned Kuwait Investment Authority (KIA), which holds thegovernment's investment portfolio, is to sell about one third of its stake inthe Commercial Facilities Company (CFC). KIA has 98mn of CFC's 177mn issuedshares, giving it a stake of 55%. It plans to sell 30mn shares, reducing itsholding to 38%. The last price for CFC's shares (before trading was suspendedahead of the...
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!