Qatar Investment Authority Raises Xstrata Stake To 8.47%

Thursday, May 24, 2012

(This story was originally published Wednesday.)

LONDON (Dow Jones)--Qatar Investment Authority, owner of Qatar Holding LLC, said today that it bought 2.04 million shares in diversified mining group Xstrata PLC (XTA.LN) at 971.85 pence, lifting its total holding to 254.19 million shares, or 8.47%.

-Xstrata shares at 1135GMT, down 47 pence, or 4.87%, at 925.5 pence valuing the company at GBP29.21 billion

-By Rory Gallivan, Dow Jones Newswires; 44-20-7842-9411; rory.gallivan@dowjones.com

(END) Dow Jones Newswires

24-05-12 0353GMT