Qatari investment fund
Mayhoola will buy a 43.91% share in Turkey's Boyner Perakende
, owned by Boyner Holding and the Boyner Family, for
$405 million per an agreement in May, the company said on
Friday, with a price of $1.40 per share.
Rising tensions between the United
States and Iran helped halt European stock market gains on
Friday after a strong run driven by signals from major central
banks that they are on the verge of more action to prop up a
slowing global economy.
Britain's biggest asset manager
has removed ExxonMobil and four more companies from its
5 billion pounds ($6.3 billion) Future World Funds, and said it
would vote against their chairs for failing to confront the
threats posed by climate change.
Sovereign wealth funds are
piling into India, buying stakes in everything from airports to
renewable energy, attracted by political stability, a growing
middle class and reforms making it more enticing for foreigners