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The Qatar Investment Authority plans to increase its stake in Credit Suisse Group AG by investing in a share sale alongside the Saudi National Bank, Financial Times reported on Wednesday, citing people with knowledge of the talks.
The deal will result in up to a quarter of Credit Suisse’s stock being owned by Middle Eastern investors, according to the report. (Reporting by Anirudh Saligrama in Bengaluru; Editing by Rashmi Aich)