| As Qatar Telecom (Qtel) dangles a $2.2 billion bait to persuade minority shareholders in its Kuwaiti unit Wataniya to sell out, it knows one major investor is positioned to frustrate its goal of 100 percent control.
Step forward the Kuwait Investment Authority (KIA), the sovereign wealth fund whose 23.5 percent stake in Wataniya makes it the second biggest shareholder and puts it in prime position to decide the fate of Qtel’s offer for the 47.5 percent it does not already own...............................................Full Article: Source
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