Arab Today, arab today qatar acquires 52 stake in us jewellery giant
Last Updated : GMT 05:49:56
Arab Today, arab today
Arab Today, arab today

Qatar acquires 5.2% stake in US jewellery giant

Arab Today, arab today

Arab Today, arab today Qatar acquires 5.2% stake in US jewellery giant

Doha - Arabstoday

Qatar’s sovereign wealth fund has acquired a 5.2 percent stake in Tiffany, the US-based jewellery retailer, it was reported on Friday. The stake expands the portfolio of the Qatar Investment Authority, which also owns Harrods, the luxury London department store, a 17 percent stake in Volkswagen and a one percent stake in LVMH, the French luxury group which owns Louis Vuitton, the UK\'s Financial Times reported QIA acquired its position last year and reported it this year in a Securities and Exchange Commission filing, the FT said. According to the filing, QIA’s stake in Tiffany hit 5 percent on December 30 and is estimated to be worth about $437m. The FT said the QIA declined to comment about the investment. The stake makes the QIA Tiffany’s largest shareholder, with investment fund Vanguard the next largest, with 5.17 percent, it added. Qatar\'s investment firms have been on a buying spree in France in recent months, including the purchase of football team Paris Saint-Germain. Qatari funds have also bought 10 percent of French media company Lagardere and 5.6 percent of construction giant Vinci. Last month it was also reported that Qatar had a two percent stake in oil group Total. The wife of the Qatari emir bought a controlling stake in French handbag maker Le Tanneur & Cie in May last year while the Gulf state also has an interest in London department store Harrods.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar acquires 52 stake in us jewellery giant Arab Today, arab today qatar acquires 52 stake in us jewellery giant

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar acquires 52 stake in us jewellery giant Arab Today, arab today qatar acquires 52 stake in us jewellery giant

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday