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QIA buy VW stake
- Qatar: Sunday, August 30 - 2009 at 10:03
The Qatar Investment Authority has bought a 6.78% stake - or over 20 million voting shares - in German carmaker Volkswagen Group, as part of a plan to take a 17% stake of the company. The shares are now controlled by the investment authority and three of its holding companies in Doha, Luxembourg and Amsterdam, according to a regulatory filing. Once it has completed its 17% acquisition, it will be the third biggest shareholder in VW.
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StaffSunday, August 30 - 2009 at 10:03 UAE local time (GMT+4)
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