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Qatar Group Buys 20% Stake  in LSE

Reuters
Thursday, 20 Sep 2007 | 6:47 AM ET

The Qatar Investment Authority said on Thursday that a wholly owned subsidiary, Qatar Holding, had bought a 20% stake in the London Stock Exchange.

The Qatar group said it did not plan to make an offer for the London exchange, but reserved its position if a third party were to make a bid for the exchange.

It said the LSE investment was for the long term.