02.10.2013 - Qatar wealth fund buys NYSE Euronext’s stake in local bourse
Qatar Holding LLC, a unit of the emirate’s sovereign wealth fund, bought NYSE Euronext’s 12 percent stake in the Qatar Exchange to become its sole owner. The sale comes after achieving all the “strategic goals” identified for the exchange when NYSE bought a 20 percent stake in June 2009, according to an e-mailed statement today from the two companies. Financial details of the deal weren’t given. NYSE Euronext paid $200 million for the stake four years ago...............................................Full Article: Source
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