Qatar Investment Authority Raises Xstrata Stake to 11.1%

Thursday, Aug 02, 2012

LONDON--Qatar Investment Authority, owner of Qatar Holding LLC, said Thursday it bought 960,000 shares in diversified mining group Xstrata PLC (XTA.LN) at 857.32 pence, lifting its total holding including options to 333.27 million shares, or 11.1%.

-Qatar's holding excluding options is 314.71 million shares, or 10.5%.

-Xstrata shares at 1320 GMT, down or 2.2%, at 843.2 pence valuing the company at 25.8 billion pounds.

-Write to Mark Shapland at mark.shapland@dowjones.com

(END) Dow Jones Newswires

02-08-12 1323GMT