21.10.2009 - Qatar SWF sells half of Barclays stake
From Domain-b.com: Qatar's sovereign wealth fund, Barclays Bank's largest shareholder, is selling half of its stake in the bank worth over £1.3-billion to profit from the bank's rising share price. Qatar Holdings, the investment arm of the Qatar sovereign wealth fund today said that it is selling 379.2 million shares of Barclays by paying £750 million to the bank for exercising warrants at 197.775 pence to sell the stock at 382.05 pence to raise approximately £1.4 billion, earning a net gain of £650 million.......................Full Article: Source
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