Aug 23 2012
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Qatar Investment Authority Raises Xstrata Stake to 12.04%
Thursday, Aug 23, 2012
LONDON-- Qatar Investment Authority , owner of Qatar Holding LLC, said Thursday it bought 2.61 million shares in diversified mining group Xstrata PLC (XTA.LN) at 914.64 pence, lifting its total holding including options to 361.5 million shares, or 12.04%.
-Qatar's holding excluding options is 342.94 million shares, or 11.42%.
-Xstrata shares at 1156 GMT, up 16 pence, or 1.76%, at 933 pence valuing the company at GBP28 billion.
(END) Dow Jones Newswires
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