QIA increases Sainsbury stake
Posted by Editor on July 04, 2008 at 06:16 AM
Thomson Financial reports that, “The Qatar Investment Authority (QIA) has raised its stake in J Sainsbury Plc, the UK’s third biggest supermarket group, to 26.0 percent.”
The report adds that a QIA notification to the Stock Exchange revealed that the fund now owns 454.52 million shares in the group, up from 442.2 million.
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