Hedge Funds & Alternative Investments
Sovereign wealth
Trading, Broking & Stock Exchanges
Uncategorized
Qatar Holding Buys Minority Stake in Hong Kong's Lifestyle International for $616m
Sovereign wealth fund Qatar Holding has acquired a minority stake in Hong Kong-based Lifestyle International Holdings, the operator of the Sogo department stores. A unit of Qatar will pay HK$4.78bn ($616m, £382m, €483m), or HK$14.75 per share, for the 19.9% stake, according to a Lifestyle statement. Bellshill Investment, a unit…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: International Business Times