Fri, Jan 30, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

QIA buys 20% of First Finance shares

Posted on 12 February 2009

From Zawya.com: Qatar Investment Authority, the country’s sovereign wealth fund, has bought 20% of the share capital of Qatar-based First Finance Co. for $70.5m, the company said in a statement today.

The company’s capital would be raised by 10.22 million shares, First Finance said in a statement on the Doha bourse Web site. “The full subscription amount, equal to QAR256.6 million ($70.5 million), has been deposited in the company’s bank account,” First Finance said….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 15628 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031