Qatari investors sell stake in Luxembourg bank to Chinese investors – The National

The National

Qatari investors sell stake in Luxembourg bank to Chinese investors
The National
China’s Legend Holdings has announced a deal to acquire a majority stake in Banque Internationale a Luxembourg (BIL) from Qatar’s royal family for €1.48 billion (Dh6.46bn), marking the latest foray by Chinese investors into Europe’s banking sector.

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