Sat, Jan 31, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kuwait Fund says did not receive offer from BP to raise stake

Posted on 03 August 2010

From Bloomberg: Kuwait Investment Authority, the country’s sovereign wealth fund, did not receive any offer from BP Plc to increase its stake in the company.
The wealth fund was commenting in an e-mailed statement on a report in Al-Anba newspaper that BP’s outgoing Chief Executive Officer Tony Hayward asked Kuwait Investment Authority to raise its stake to 3 percent to protect the company against any takeover attempts……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15635 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031