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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar open to investing in Lloyds and RBS in UK

Posted on 24 February 2011

Hamad bin Jassim bin Jaber Al ThaniFrom Independent: Qatar, which owns stakes in Barclays and Sainsbury’s, could invest in Lloyds and Royal Bank of Scotland. Qatari prime minister and head of the country’s Qatar Investment Authority sovereign wealth fund, Sheikh Hamad bin Jassim bin Jabr al-Thani, said he had discussed investment ideas with his British counterpart.
When asked about RBS and Lloyds, he said: “We are very open to any investment in the UK and we have discussed some. We are capable of being engaged and will continue to be engaged in discussions.” ……………………………………….Full Article: Source


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