Qatar to Sell $360 Million Sainsbury’s Stake After Share Rally
Qatar’s sovereign wealth fund plans to sell a stake worth about £273 million ($360 million) in J Sainsbury Plc, marking a significant selldown by the supermarket’s largest shareholder.
By Charles Capel · Bloomberg Markets
Qatar’s sovereign wealth fund plans to sell a stake worth about £273 million ($360 million) in J Sainsbury Plc, marking a significant selldown by the supermarket’s largest shareholder.