Qatar Group Buys 20% Stake in LSE
By: Reuters
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.
The Qatar Investment Authority said on Thursday that a wholly owned subsidiary, Qatar Holding, had bought a 20% stake in the London Stock Exchange.