Wednesday 23 January 2019

#Qatar Fund Suggests Deutsche Bank Among Companies of Interest - Bloomberg

Qatar Fund Suggests Deutsche Bank Among Companies of Interest - Bloomberg:

Qatar Investment Authority’s chairman suggested Deutsche Bank AG is among the major German companies the sovereign wealth fund is talking to about potential stake purchases.

Sheikh Mohammed bin Abdulrahman Al Thani said in an interview at the World Economic Forum in Davos that QIA favors Germany because of its robust economy and is “interested in all the big companies” there. Asked if the $320 billion fund is talking with Deutsche Bank, he said: "We’re talking with everyone.”

QIA is looking “at different sectors” in Germany, said the chairman, who is also deputy prime minister and foreign minister of gas-rich Qatar. “Financial services is among them,” as are infrastructure and industrials, he said.

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