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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Investors chase Rio Tinto higher

Posted on 03 February 2010

From Dailymail.co.uk: Two years ago Rio Tinto’s shareholders thought they had won the pools. Shares of the world’s third largest mining group were trading well above £70 a share after BHP Billiton bid £91billion.
Qatar Holdings, the investment arm of Qatar’s sovereign wealth fund and largest shareholder with 24 per cent, is again rumoured to have lined up a cash bid of around 250p a share……………………………………Full Article: Source

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