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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Qatar sells the Luxembourg International Bank

    Rocky
    Rocky
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    Qatar sells the Luxembourg International Bank Empty Qatar sells the Luxembourg International Bank

    Post by Rocky Sat 02 Sep 2017, 9:42 am


    Qatar sells the Luxembourg International Bank


    02/09/2017


    China's Legend Holdings signed a deal to acquire a 90% stake in Luxembourg International Bank from the royal family in Qatar.

    The deal is worth 1.48 billion euros ($ 1.76 billion), making it the largest acquisition of the Chinese company abroad.

    Luxembourg, the owner of Lenovo Computer Group, buys Luxembourg International Bank, which was founded 161 years ago by Presence Capital, the investment arm of individuals in the Qatari royal family, including former Qatari prime minister Sheikh Hamad bin Jassim al-Thani.

    In a statement, Legend said it was making the purchase through Beyond Lib, its unit in Hong Kong.

    The agency "Reuters" revealed that Legend conducted in July talks with Precision about the possible acquisition of the bank, "Luxembourg" International.

    http://aletejahtv.org/permalink/179565.html

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