Sat, Apr 19, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS
Sovereign Wealth Funds Briefing 20.Mar 2012

Posted on 20 March 2012 by VRS |  Email |Print

Arnaud LagardereEnergy-rich Qatar has increased its stake again in Lagardere, boosting its position as the largest shareholder in the French media-to-aerospace conglomerate.
A unit of the Qatar Investment Authority, the emirate’s sovereign wealth fund, said in a regulatory filing it could raise the stake further after increasing it to 12.8 percent and may seek representation on the group’s supervisory board………………………………………..Full Article: Source

Posted on 20 March 2012 by VRS |  Email |Print

Qatar Holding has increased above 10 percent its voting stake in French media group Lagardere, which owns magazines such as “Elle” and “Paris Match”, France’s stock market regulator said on Monday.
Qatar Holding LLC told the AMF regulator that it may increase its stake above the 12.83 percent of capital and 10.05 percent of voting rights it currently ownes but that it does not intend to take control of the company………………………………………..Full Article: Source

Posted on 20 March 2012 by VRS |  Email |Print

Abu Dhabi and Qatar are among a number of potential investors who have expressed interest in bidding for the Battersea power station site in London, it was reported on Sunday.
The offer for the site on the south bank of the Thames also drew developers including Berkeley Group Holdings, British Land, Land Securities Group, and sovereign wealth funds from Abu Dhabi and Qatar, according to the newspaper, which said the derelict landmark would attract bids of £250m ($396m) to £350m………………………………………..Full Article: Source

Posted on 20 March 2012 by VRS |  Email |Print

London-based high-end luxury store, Harrods owner Qatar Holding LLC has bought 1.03 per cent stake in Bernard Arnault’s luxury conglomerate LVMH.
However, LVMH chairman Arnault and his family still controls 46.5 per cent of the company and 62.4 per cent of its voting rights………………………………………..Full Article: Source

Posted on 20 March 2012 by VRS |  Email |Print

Arabtec has no plans to renew talks with Abu Dhabi state fund Aabar Investments about a taking a stake in the Dubai builder because its funding needs have eased, its chief financial officer said.
Sovereign fund Aabar, which owns stakes in German carmaker Daimler and commodities trader Glencore, scrapped a $1.7 billion deal to buy a 70 percent stake in Arabtec through mandatorily convertible bonds two years ago at the peak of Dubai’s property market collapse………………………………………..Full Article: Source

Posted on 20 March 2012 by VRS |  Email |Print

Sri Lanka’s Employees’ Provident Fund, a state-managed fund of private citizens’ retirement money had made an 800 million rupee capital gain by selling stock in listed John Keells Holdings, a media report said.
The EPF sold 71 million shares at 194 rupees to Khazanah Nasional, Malaysia’s sovereign wealth fund in a deal worth 13.74 billion rupees. Khazanah also bought out several other shareholders Friday, getting 8.8 percent of the stock so far………………………………………..Full Article: Source

Posted on 20 March 2012 by VRS |  Email |Print

Mubadala Development Company, a sovereign wealth fund set up by the Abu Dhabi government in the United Arab Emirates (UAE), will be categorizing South Korea as a ‘deeper investment’ region and increasing investments involving Korea.
Mubadala is valued at $30 billion in assets according to the firm’s financial statements as of late 2010, and is known as one of the world’s largest sovereign wealth funds based in Abu Dhabi, alongside Abu Dhabi Investment Authority (ADIA)………………………………………..Full Article: Source

Posted on 20 March 2012 by VRS |  Email |Print

Government of Singapore Investment Corporation (GIC), the sovereign wealth fund of Singapore, has invested $100 million (Rs. 500 crore) for a minority stake in Vasan Healthcare, which is in the business of providing outpatient driven dental and eye care health services.
The deal involved a primary and secondary investment by GIC into Vasan Healthcare. The secondary transaction involved purchase of securities by GIC from Sequoia Capital, the promoters of Vasan Healthcare and a few other key employees and doctors engaged by Vasan Healthcare………………………………………..Full Article: Source

See more articles in the archive

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930