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Sovereign Wealth Funds Briefing - Categorized | Market

SWF silent on Sainsbury’s growth plans

Posted on 19 June 2009

From Timesonline.co.uk: The Qatar Investment Authority, the Gulf state sovereign wealth fund that holds a 27 per cent stake in Sainsbury’s, did not comment on whether it had taken part in the firm’s plan raising £432 million to step up its expansion drive.
It would have to have contributed about £65 million to avoid dilution………Full Article: Source


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