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Sovereign Wealth Funds Briefing - Categorized | Investment

BlackBerry investors: Partners in $1 bln investment include Qatari Fund

Posted on 08 November 2013

Fairfax Financial Holdings disclosed that its partners in a $1 billion investment in struggling smartphone maker BlackBerry Ltd. include a Qatar-based sovereign-wealth fund and several Canadian investment funds. BlackBerry would continue as a public company with new leadership and the $1 billion investment.
The other debt purchasers include Ontario-based Canso Investment Counsel Ltd., which invested $300 million, the most of the group. The other investors are Toronto-based Mackenzie Financial Corp., Virginia-based Markel Corp., Toronto-based Brookfield Asset Management Inc and Qatar Holding LLC………………………………………..Full Article: Source


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