| 22.12.2011 - Dexia sells Luxembourg unit to Qatari fund |
| Troubled Franco-Belgian bank Dexia Group said Tuesday it has sold its Luxembourg subsidiary to Qatari investment fund Precision Capital and the state of Luxembourg for euro730 million ($950 million). Precision, which backed by the Qatari royal family, will hold a 90 percent stake in Dexia Banque Internationale a Luxembourg, while the state of Luxembourg is buying the remaining 10 percent, Dexia said in a statement...............................................Full Article: Source |