Wed, Jul 26, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Dubai stake in LSE gains after merger deal agreed

Posted on 10 February 2011

From Thenational.ae: Borse Dubai’s stake in the London Stock Exchange (LSE) gained more than US$25 million (Dh91.8m) in value after the London bourse operator agreed to buy its counterpart in Toronto. Borse Dubai, a unit of the Investment Corporation of Dubai, said yesterday afternoon it backed the deal. Qatar Investment Authority owns 15 per cent of LSE.
The proposed $3.2 billion deal, which would create the world’s fourth-largest exchange, will be subject to strict Canadian laws on foreign ownership……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
July 2017
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31