Connecting intelligence with intelligence

×
×
Advertisement

Jun 08 2012

Qatar Investment Authority Raises Xstrata Stake to 10.210%

Friday, Jun 08, 2012

LONDON-- Qatar Investment Authority , owner of Qatar Holding LLC, said Friday it bought 3.6 million shares in diversified mining group Xstrata PLC (XTA.LN) at 9.6073 British pounds and 1.3 million at GBP9.575315, lifting its total holding including options to 306.58 million shares, or 10.210%.

-Qatar's holding excluding options is 288.02 million shares, or 9.592%.

-Xstrata shares at 0915 GMT, down 16.0 pence, or 1.7%, at 950.8 pence valuing the company at GBP 29.03 billion

-Write to Razak Musah Baba at razak.baba@dowjones.com

(END) Dow Jones Newswires

08-06-12 0919GMT


© Copyright Zawya. All Rights Reserved.


Be the first to comment

Send This Article To Your Friends

All fields are required.

Use commas for multiple email addresses

We'll use your email address to send the article on your behalf and it will not be collected or used for any other purposes.

X