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Sovereign Wealth Funds Briefing - Categorized | Investment

Question marks hang over Qatar buying in Xstrata

Posted on 27 April 2012

Qatar’s 7 percent stake in Xstrata, makes it not only the miner’s largest investor after Glencore, but also a potential kingmaker in the two companies’ merger and an unknown quantity for its future that investors are desperate to read.

The reclusive sovereign wealth fund has been steadily buying Xstrata shares, spending some $2.7 billion to lift its holding from below 3 percent at the start of February, when the tie-up with commodities trader Glencore was announced………………………………………..Full Article: Source


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