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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Santander says not in talks with Qatar

Posted on 20 June 2011

Spanish bank Santander said on Sunday it is not currently in talks with Qatar after a report that the Gulf state was in conversations about buying a stake in the British arm of the bank.
The report in the Sunday Times said the bank was in talks with Qatar Holdings, part of the state’s sovereign wealth fund, and with other such funds, about acquiring a stake prior to, or at the time of, a planned flotation of the unit. “There are currently no conversations under way with Qatar about this matter,” a Santander official in Madrid said in response to the report……………………………………….Full Article: Source


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