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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar fund mulls purchase of Telefonica stake

Posted on 21 March 2011

Qatar’s sovereign wealth fund, Qatar Holding, is mulling the possibility of buying a stake in Spanish telecommunications company Telefonica SA, Spanish news agency EFE reported Thursday, citing market sources.
Qatar Holding Chief Executive Ahmad M. Al-Sayed met with Telefonica Chairman Cesar Alierta on Thursday to explore the possibility of entering the telecom’s capital, but no agreement has been reached for the time being, the agency added……………………………………….Full Article: Source


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