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Tag Archives: Qatar Investment Authority

Qatar wealth fund buys stake in Hong Kong retailer

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Qatar’s sovereign wealth fund on Monday said that had bought 19.9% stake in Hong Kong-based retail chain Lifestyle International Holdings for $600 million. According to the Qatar Investment Authority (QIA) said that the acquisition was a part of its strategy in “diversifying” its investment and “expanding into new markets in Asia”, the official QNA news agency reported. Under the deal, …

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