| 07.07.2009 - QIA gains GBP700mln paper profit from Barclays deal |
| From Timesonline.co.uk: The Qatari rescue investment in Barclays at the height of last autumn’s financial crisis saw the Arab emirate sitting yesterday on paper profits of more than £700 million. The Qatar Investment Authority (QIA), the sovereign wealth fund, and Challenger, a vehicle backed by the Qatari Royal Family, bought £800 million of convertible notes that could be changed into Barclays shares at 153p last October.........Full Article: Source |