Qatar Investment Authority Raises Xstrata Stake To 10.361%

Tuesday, Jun 12, 2012

(This story was originally published Monday)

LONDON--Qatar Investment Authority, owner of Qatar Holding LLC, said Monday it bought 4.53 million shares in diversified mining group Xstrata PLC (XTA.LN) at 953.84 pence, lifting its total holding including options to 311.12 million shares, or 10.361%.

-Qatar's holding excluding options is 292.55 million shares, or 9.743%.

-Xstrata shares at 1205 GMT, up 13 pence, or 1.37%, at 972.2 pence valuing the company at GBP28.8 billion

-Write to Ian Walker at ian.walker@dowjones.com.

(END) Dow Jones Newswires

12-06-12 0339GMT