Qatar fund to buy French fashion brand for $522mValentino owners, the Qatari Mayhoola investment fund, are set to acquire the French luxury fashion label Balmain this week for more than 460 million euros ($522 million), three sources with first-hand knowledge of the matter said. More… |
Qatar fund ‘cutting focus on Europe’Qatar's sovereign wealth fund is reducing its focus on investments in Europe and placing more of its money with external managers following an internal review, sources familiar with the matter told Reuters. Qatar Investment Au More… |
QIA in talks to boost stake in Spanish property firmQatar Investment Authority (QIA), the sovereign wealth fund of the gas-rich emirate, is in talks to boost its stake in Spain’s largest listed property group Colonial. A benchmark leader in the Paris commercial property More… |
Glencore, VW hits to push Qatar fund to diversify moreQatar Investment Authority's hit from the slide in Volkswagen and Glencore shares can only underline the sovereign wealth fund's need to continue to diversify its asset base, industry sources said. The German carmaker has More… |
Qatari fund buys UK's Heritage Oil for $1.6bnBritish oil company Heritage Oil agreed a 924 million pound ($1.6 billion) takeover offer from a fund owned by the former chief executive of Qatar's sovereign wealth fund. Heritage, whose main oil production is in Nigeria, sai More… |
Qatar fund eyes stake in loss-hit Italian lenderThe Qatar sovereign fund is in talks with the main shareholder of Banca Monte dei Paschi di Siena to buy a 15-20 per cent stake in the troubled Italian lender ahead of its much-awaited rights issue, daily Il Messaggero said. Loss-making More… |
Qatari fund invests in BlackBerry debt offerQatar Holding is among a handful of investors that have put money into BlackBerry's $1 billion convertible debt offering, a source familiar with the financing plan said. The Qatari sovereign wealth fund bought as much as $200 More… |
Qatar fund nets $2.7bn from Barclays dealQatar's sovereign wealth fund has sold the last of the warrants it owns in Barclays, notching up a gain of more than £1.7 billion ($2.7 billion) from the fundraising deal it struck with the bank four years ago. The warra More… |
Qatar fund to buy hotels in Italy's SardiniaQatar Holding, the investment arm of the gas-rich nation's sovereign wealth fund, is set to unveil a deal in the property and leisure sector in the Italian island of Sardinia including a clutch of luxury hotels, a source close to the matter sa More… |
Qatar fund to buy remaining 10pc bank sharesQatar's sovereign fund will buy the remaining 10 per cent of a promised 20 per cent stake in the Gulf state's banks in the first-quarter, Prime Minister Sheikh Hamad bin Jassim Al Thani said in published remarks on Tuesday. The sta More… |