VOL. XXXVI
NO. 12
21-DECEMBER-1992
Financial and Banking News
KIO
Another Grupo Torras Affiliate Files for Receivership
An affiliate of Grupo Torras, the Spanish investment arm of the KuwaitInvestment Office (KIO), Prima Inmobilaria, followed its parent company intoreceivership on 12 December by filing for court protection against creditors.Prima Inmobilaria, Spain's third-largest property developer, was joined in thelegal action by its largest subsidiary, Urbanor. The two face liabilities ofaround...
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