Qatar ups Sainsbury's stake to 25%
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Business & money: Shares in the supermarket group soared by almost 5% after the State of Qatar announced it now owned 25% of the supermarket giant's shares.
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LONDON: Manchester United said on Tuesday US sports tycoon Malcolm Glazer had lifted his stake in the worldâs richest soccer club to 27.
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The US sports tycoon, Malcolm Glazer, has raised his stake in Manchester United from around 19% to a little over 25%. The purchase is not necessarily a prelude to a bid for overall control of the club bid according to one of his associates.
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The Gulf state of Qatar on Thursday bought a 20-percent share of the London Stock Exchange.
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US investment manager Capital Group Companies Inc has increased its stake in the nation&#39;s largest carrier, Qantas Airways, to 10.
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Britain's Manchester United Plc said on  Tuesday U.S. financier Malcolm Glazer has raised his stake in  the world's richest soccer club to 27.63 percent from 25.3  percent, heightening speculation that he could bid for the  team.
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Woolworths Ltd., Australia&#39;s biggest grocer, increased its stake in takeover target Australian Leisure &amp; Hospitality Group to 16.
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Business & money: Investment fund backed by Qatari royal family makes takeover approach for supermarket group.
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Sainsbury's suitor Delta Two agrees to raise an extra Â£500m to increase the cash element of its bid.
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London shares closed firmer Monday recovering from lows as Wall Street remained higher with Sainsbury up amid rumours that part of the founding family&#39;s holding was changing hands at 610 pence a share, with a possible bid for the group imminent.
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Qantas said Thursday that British Airways has sold its 18.25 percent stake in the Australian carrier at 3.28 Australian dollars (US$2.
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SYDNEY : Australian flag carrier Qantas Airways said that British Airways had sold its 18.25 percent shareholding to a range of investors, as its shares surged on the news.
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The Gulf state of Qatar on Friday tightened its grip on J Sainsbury, Britain&#39;s third biggest supermarket chain, by raising its stake to 25 percent, sparking speculation it may launch a takeover.
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The family of US sports tycoon Malcolm Glazer says it has raised its stake in Manchester United to 27.6 percent from 25.3, making it almost the largest shareholder in the world's richest football club.
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The UK&#39;s benchmark FTSE 100 Index gained, paced by shares of Unilever Plc and Shire Pharmaceuticals Group Plc. The FTSE 100 added 23.
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Oil-rich Gulf Arab state Qatar has made a bid approach for J Sainsbury Plc , which newspapers said valued Britain's third-biggest supermarket group at about 12 billion pounds ($24.5 billion), including debt.
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Malcolm Glazer today increased his stake in Manchester United for the third time in as many days - and moved a step closer to launching a takeover bid.