Qatari Diar Acquires 5% Stake in Veolia, Gets Seat on Board

Posted on 04/16/2010


According to Businessweek, “Qatari Diar, a unit of the country’s sovereign wealth fund, acquired a 5 percent stake in Veolia Environnement SA to work on joint projects. The purchase “reflects the two groups’ mutual ambition to work together on infrastructure and utilities projects in the Middle East and North Africa,” Veolia, the world’s biggest water […]