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THACTHER GIVES KUWAIT A RAP ON THE KNUCKLES.

Authors :
Miller, Sarah
Bluestone, Mimi
Source :
BusinessWeek; 10/17/88, Issue 3074, p48-48, 1/3p
Publication Year :
1988

Abstract

The article reports that the British government has ordered Kuwaiti Investment Office (KIO) to reduce its stake in British Petroleum Co. PLC to 9.9 percent within 1988. The British Mergers and Monopolies Commission ruled that the Kuwaiti holding threatened a public interest, mostly because KIO is owned by a government that is a member of the Organization of Petroleum Exporting Countries.

Details

Language :
English
ISSN :
00077135
Issue :
3074
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
18669393