05.07.2011 - Qataris’ share in London Stock Exchange holds the key to takeover talks
A Middle Eastern investor with a blocking stake in the London Stock Exchange would torpedo any takeover that crystallises a loss on its investment. The Qatar Investment Authority, which bought into the LSE in September 2007 at around £15 a share, will not accept a deal to sell the exchange for less than this figure. It currently owns 15.1pc of the exchange. ‘The Qataris are long-term investors who have been supportive of the board,’ said a source close to the sovereign wealth fund controlled by the Qatar royal family..............................................Full Article: Source
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