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LAXintl
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Posts: 23632
Joined: Wed May 24, 2000 12:12 pm

QR Increases Stake In IAG

Thu Apr 28, 2016 4:13 am

Qatar Airways has announced that it increased its stake in International Airlines Group (IAG) to “just under 12 per cent,” on Wednesday.

QR previously in January 2015 acquired a 9.99 per cent stake in IAG.


Qatar Airways increases stake in British Airways owner IAG
http://gulfnews.com/business/aviatio...ritish-airways-owner-iag-1.1813180

=

Wonder if we will see this creep up further in coming years.
From the desert to the sea, to all of Southern California
 
jacobin777
Posts: 12262
Joined: Sat Sep 11, 2004 6:29 pm

RE: QR Increases Stake In IAG

Thu Apr 28, 2016 4:57 am

Interesting to see QR and IAG getting closer.   
"Up the Irons!"
 
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mercure1
Posts: 4356
Joined: Sun Jul 13, 2008 5:13 am

RE: QR Increases Stake In IAG

Thu Apr 28, 2016 3:47 pm

Its interesting to note that the IAG investment is making QR money. As article mentions they have received two dividend already and awaiting the third.

So regardless of some grand strategy, its probably a smart financial invest regardless.
mercure f-wtcc

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