The London Stock Exchange Group plc reports that the Qatar Investment Authority (QIA) has acquired a 20 percent holding in the company.
The QIA and the London Stock Exchange Group plc have long planned to develop the Qatar marketplace and both recognise its potential for regional leadership in financial services.
Due to the current strength of Qatar’s economy and the development of Doha as a major financial centre, there could be significant opportunities for the benefit of both parties.
“We look forward with confidence to delivering a full agenda and our wider global strategy,” says Clara Furse, chief executive of the London Stock Exchange Group plc.