Qatar has cashed in its remaining warrants in Britain's Barclays Plc (BARC.L), a move that should yield a $280 million profit and still leaves the sovereign wealth fund as the bank's top shareholder following a controversial fundraising in 2008.
Deutsche Bank AG (DBKGn.DE) and Goldman Sachs Group Inc (GS.N) said they would sell up to 303.3 million shares - worth 740 million pounds - to comply with Qatar's request. They sold shares at 244 pence apiece, a 4 percent discount to Friday's closing share price, but did not confirm whether all the shares had been sold.
Qatar Holding said in a separate statement late on Sunday it had monetized its remaining holding of 379 million units of Barclays warrants - instruments that convert into shares - without affecting its 6.65 percent stake.
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