Virgin Australia Says Qatar Investment Authority Reduces Stake
MT Newswires Live
9 hours ago
Virgin Australia (ASX:VGN) received notice that Qatar Investment Authority and its affiliates decreased their holdings in the company to 67.74% from 69.79%, according to a Wednesday filing with the Australian bourse.
Qatar Investment Authority and its affiliates now own 529 million shares in the company, the filing said.
The company's shares fell around 2% in recent Wednesday trade.
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