22.03.2010 - Barwa merger with Alaqaria gets green light
From Maktoob.com: Barwa Real Estate's merger with fellow developer Alaqaria has received approval from the Gulf Arab country's financial regulator. Qatari Diar, the property arm of the cash-rich state's sovereign wealth fund, will own 45% of the newly formed developer. "Following the launch of its offer to acquire the share capital of Qatar Real Estate Investment Co. (Alaqaria) on 9 March 2010, Barwa Real Estate Co. (Barwa) today announced that following approval from the Qatar Financial Markets Authority the offer document is now available," the property companies said in an emailed statement........................................Full Article: Source
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