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Sanea buys 3i stake
- Saudi Arabia: Saturday, August 25 - 2007 at 16:54
Saudi Arabian businessman Maan Al Sanea has acquired a 5% stake in 3i Quoted Private Equity, part of buyout firm 3i Group, reported Reuters. A filing to the London Stock Exchange revealed that Sanea purchased 20m shares on July 2, worth around $40m. Sanea bought a 3.1% stake in the HSBC in February.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, August 25 - 2007 at 16:54 UAE local time (GMT+4)
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