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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Qatar increases Tiffany stake to 8.7pct

Posted on 14 February 2013

Qatar’s sovereign wealth fund raised its stake in luxury jeweler Tiffany & Co by one percentage point to 8.7 percent. Qatar Investment Authority (QIA) was already the single largest shareholder in Tiffany. Shares in the company increased 0.4 percent to US$ 63.32 on the New York Stock Exchange following the announcement.
In 2012 QIA has been buying minority equity stakes in other large companies, including in oil companies as Shell and Eni………………………………………..Full Article: Source


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