Qatar Buys More Xstrata

Posted on 04/09/2012


Qatar Holding LLC, a sovereign wealth enterprise (SWE) of the Qatar Investment Authority (QIA), now has a 5% position in Xstrata PLC shares. Globally, Xstrata has mining projects in areas such as coal, copper, nickel, and zinc. Xstrata PLC is planning a £50 billion merger with Glencore. Glencore already owns 33.6% of Xstrata and Blackrock […]