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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment, Market

Harrods says not for sale amid reported QIA interest

Posted on 31 March 2010

From Businessweek.com: Harrods Ltd., the London luxury department-store owner, said the company is not for sale after a report that it received an approach from Qatar’s investment arm.

The Knightsbridge-based store “is not for sale and is not being sold,” spokeswoman Katharine Witty said today in an e- mailed statement. The retailer has been “aware of gossip circulating over a possible sale,” and decided to make an announcement in order to reassure staff, Witty said………………………………Full Article: Source

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