VOL. XXXIII
NO. 24
19-MARCH-1990
Financial and Banking News
Investment Activities
Hostile Saudi Bid for UK Car Dealer Fails
A hostile bid launched by the Jameel Group of Saudi Arabia - the holders ofthe Toyota franchise in the Kingdom - for the British car distributorshipHartwell (MEES, 12 February) has failed. At the final closing of the bid lastweek Jameel, together with its bid vehicle, Oakhill, ended up holding 43.3% ofthe British firm. The bid was fought by Hartwell's management, which...
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