Qatar cuts holding in London Stock Exchange by a third - Telegraph:
"Qatar Holding is to trim its 15pc stake in the owner of the London Stock Exchange by a third ahead of a $1.6bn rights issue by the British bourse to fund its acquisition of Russell Investments.
The Middle East investor on Wednesday night instructed Citigroup and Bank of America Merrill Lynch to sell a 4.83pc stake in LSE Group in an overnight accelerated bookbuild process.
The sale is expected to have been completed by the time the market opens on Thursday morning, with the shares likely to be sold to a broad range of institutions rather than a single buyer."
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