LONDON (Reuters) - The state-owned Qatar Airways has bought a $600 million stake in British Airways-owner IAG ICAG.L to increase its holding to 25.1%, advancing its strategy of building a global portfolio of international carriers.
Here are some of the wealthy Gulf state’s other investments in Britain.
The Qatar Investment Authority (QIA), the state’s sovereign wealth fund, owns a 5.9% stake in Barclays, making it the British bank’s second largest investor, according to Refinitiv data.
The QIA owns a 21.8% stake in Britain’s second largest supermarket group, according to Refinitiv. The Qataris built up their stake during a failed bid attempt in 2007.
The QIA bought the famous London department store Harrods from Egyptian-born businessman Mohamed al-Fayed in 2010 in a deal reported to be worth around 1.5 billion pounds.
The QIA is part of a consortium that owns Britain's biggest airport, along with Ferrovial FER.MC, China Investment Corp and others.
A QIA-led consortium purchased the owner of London’s Canary Wharf business district in 2015 for $4 billion.
The QIA also owns London’s Shard skyscraper.
Reporting by James Davey; editing by Guy Faulconbridge
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