Home Business Qatar Investment Authority plans to raise Credit Suisse stake – FT

Qatar Investment Authority plans to raise Credit Suisse stake – FT

50 second read
Comments Off on Qatar Investment Authority plans to raise Credit Suisse stake – FT
0
30


Article content

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)



Source link

Load More Related Articles
Load More By 
Load More In Business
Comments are closed.

Check Also

Here’s What Can Go Wrong For Europe’s Powerful Equity Rally

Breadcrumb Trail Links PMN Business European equities are the flavor of the month. But it …