Thu, Jan 29, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Barwa real estate firm offers to acquire Qreic

Posted on 05 March 2010

From Gulf-times.com: Barwa Real Estate Investment Company has made an offer to acquire Qatar Real Estate Investment Company (Qreic). Qatari Diar, an associate of Qatar Investment Authority, will retain 45% stake in the enlarged Barwa Group.

Barwa is acquiring Qreic at QR36.30 each for share, implying a 30.6% premium over the closing price on January 7, after which the enlarged Barwa group will have a combined market capitalisation in excess of QR11.10bn and become the ninth largest listed entity in the Qatari bourse and sixth largest public listed company in the GCC……………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 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