| Sovereign wealth fund Qatar Holding has amassed a stake of slightly more than 1% in French luxury goods group LVMH Louis Vuitton Moet Hennessy (MC.FR), the latest in a series of investments in France by the gas-rich emirate.
Qatar Holding holds a 1.03% interest in the company and has less than 1% of voting rights in LVMH, the French company said in a legal filing Thursday. Based on LVMH's share price of EUR135 at the close on the Paris bourse Thursday, the stake is worth around EUR699 million. Qatar Holding declined to comment...............................................Full Article: Source
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