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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Xstrata: Qatar Investment Authority raises stake to 8.04pct

Posted on 09 May 2012

Global diversified mining group Xstrata PlC said Tuesday that on May 4 Qatar Investment Authority, as owner of Qatar Holding LLC, acquired 6.38 million Ordinary shares in the company taking its shareholding to 241.47 million shares, or 8.04%.
Qatar bought 6.18 million shares at GBP11.3295 and 200,000 shares at GBP11.39. Xstrata shares at 0705 GMT down 16 pence, or 1.41%, at 1115.5 pence valuing the company at GBP3.4 billion………………………………………..Full Article: Source


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