Qatar Investment Authority Reduces Stake in Sainsbury’s – TipRanks.com
J Sainsbury plc (GB:SBRY) has released an update.
Qatar Investment Authority has adjusted its stake in J Sainsbury PLC, with a recent transaction changing its voting rights ownership to 10.14%, a decrease from the previous notification of 15%. This significant shift, crossing the threshold on October 11, 2024, was promptly disclosed to the company on the same day. The move by the investment authority reflects a notable change in their position regarding the UK-based grocery and retail company.
For further insights into GB:SBRY stock, check out TipRanks’ Stock Analysis page.
Related
Qatar fund reportedly part of US$50m funding round for ONE…
Group One Holdings, the company behind mixed martial arts brand One Championship, raised at least US$50 million from investors including Qatar Investment Author
Israel obstructs Gaza ceasefire deal — Qatari premier
The Israeli government’s stance has been an obstacle to a ceasefire deal in the Gaza Strip, Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Ab
Qatari Diar Unveils Exclusive Waterfront Townhouses at The Seef Lusail
Luxury Living Redefined with Attractive Investment Opportunities Starting from QAR 1.7 Million for apartments and QAR 3.4 Million for townhouses in Downtown Lu
Qatar Airways Announces New One-stop Flight from Amritsar to Toronto
DOHA- One of the world’s best airlines, Qatar Airways (QR) announced its intention to launch a three-weekly one-stop flight between Amritsar (ATQ), India, an
