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KIO slims down in UK

The Kuwait Investment Office’s (KIO) portfolio in the UK will be confined to minority holdings in public companies, private equity funds and a handful of real estate investments through its St Martins Property subsidiary after it sells its Autobar vending machines company.

It has drawn up a shortlist of bidders for Autobar, based in Middlesex, its last UK company.

References: The Times (Broadsheet) 22/01/04 page 29

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