Qatar Makes $1 Billion by Selling Barclays Shares
Posted on 10/20/2009
Qatar Holding LLC, an arm of the Qatar Investment Authority (QIA), sold more than 379 million Barclays shares at 360 pence each, according to the sale manager Credit Suisse AG. QIA acquired the shares by exercising warrants at 197.775 pence. Barclays fell as much as 5.6%. Qatar pocketed 615 million GBP (US$ 1 billion) by […]
