QIA Sold Shares in Hochtief
Posted on 10/13/2015
Gulf sovereign wealth fund Qatar Investment Authority (QIA) sold its 10% stake in Germany-based Hochtief AG for €540 million. The seven million shares were sold around €77 per share. The sale went to a single strategic buyer. Morgan Stanley handled the accelerated-bookbuilding process for the QIA regarding the share sale. The deal enables a clear […]
