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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar Investment Authority seeks to build 10pct Xstrata stake

Posted on 11 May 2012

Qatar’s sovereign wealth fund plans to increase its stake in Xstrata Plc to at least 10 percent. Qatar is expected to continue building its stake, currently at 8.5 percent, to 10 percent and could go higher, people familiar with the matter are quoted as saying.
The Gulf state is the second largest investor in Xstrata behind commodities trader Glencore International Plc, which has agreed a $37 billion takeover of the miner, due for completion in the third quarter of 2012………………………………………..Full Article: Source


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