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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Qatar SWF buys 5 pct of Banco Santander’s Brazil unit

Posted on 19 October 2010

From Businessweek.com: Qatar’s sovereign wealth fund says it has acquired a 5 percent stake in Banco Santander’s Brazilian arm, extending its bet on financial firms overseas.
Qatar Holding said Monday it bought the stake by purchasing $2.7 billion worth of exchangeable bonds issued by the Spanish banking giant……………………………………….Full Article: Source


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