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Qatar National Bank to sell stake in Syrian unit
- Syria: Tuesday, June 30 - 2009 at 14:46
Qatar National Bank has announced that it will sell 34% of its Syrian unit in an initial public offering next month. The share sale will begin July 12 and end Aug. 10. Qatar National will retain 49% of the unit after the IPO, while Syrian government organizations will hold 15% and private investors 2%.
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