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QIA deadline nears over Sainsbury

 
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Kirk
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Joined: 01 Jan 1970
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PostPosted: Sun Oct 28, 2007 5:10 pm    Post subject: QIA deadline nears over Sainsbury Reply with quote

The Qatar Investment Authority (QIA)is expected to double in size by 2010 with up to 40% of its investments in Asia, the rest in Europe and the US, according to research by Standard Chartered, and cited by Khaleej Times. The $60bn sovereign wealth fund backed by the Qatar government has been trying to close its deal with the UK supermarket chain, J Sainsbury plc and was given a deadline until Nov. 8.

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