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February 19, 2008
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Tuesday
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Safar 11, 1429
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LSE stake
LONDON, Feb 18: Emirates-based Borse Dubai could sell its 20pc stake in the London Stock Exchange to Qatar, according to a report in The Times on Monday.
The newspaper quoted Borse Dubai chairman Essa Kazim as saying: “If the Qatari government wishes to strike a deal in the future, then it would be subject to negotiation.”
However, the daily paper did not specify whether the state-linked Qatari Investment Authority (QIA), which owns 15 per cent of LSE stock, was interested in such a deal.—AFP
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