Sun, Aug 2, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Could Qatar buy M&S?

Posted on 19 March 2013

Shares in Marks & Spencer surged today on speculation that the high street retailer is an £8 billion bid target for Middle Eastern investors. The stock jumped 8% at one stage, adding more than £500 million in value, after The Sunday Times said the Qatar Investment Authority (QIA), the Gulf state’s sovereign wealth fund, is in talks with private equity and banks about an approach.
Despite the scale of the share price movement, there was no official stock market announcement to confirm or deny the speculation………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16802 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
August 2015
M T W T F S S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31