This evening it emerged Qatar is selling 1.1pc of French construction company Vinci to raise around EURO 380 million - and the move is causing quite the frisson in London markets.
Why? Well, the Qataris own big stakes in Glencore and Volkswagen, so market participants are speculating the gas rich gulf country will use the cash from the Vinci sale to finance (potential?) equity fundraisings from both these beleaguered companies.
Showing posts with label Qatar Holding. Show all posts
Showing posts with label Qatar Holding. Show all posts
Monday, 5 October 2015
Friday, 1 May 2015
Village gossip - Amanda Staveley to pick up multi-million pound fee from Qatar's £1.4 billion Maybourne purchase
It never ceases to amaze me what you can learn from hanging out in hotel lobbies.
I have just picked up that PCP Capital Partners - the corporate finance firm set up by dealmaker Amanda Staveley - is in line for a multi-million pound cash windfall after advising the Qatar-backed Constellation Hotels on the £1.4 billion purchase of Claridges, the Connaught and the Berkeley.
I have just picked up that PCP Capital Partners - the corporate finance firm set up by dealmaker Amanda Staveley - is in line for a multi-million pound cash windfall after advising the Qatar-backed Constellation Hotels on the £1.4 billion purchase of Claridges, the Connaught and the Berkeley.
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