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NYSE Euronext Invests In Qatari Stock Exchange
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LONDON (AP) — Stock exchange operator NYSE Euronext said Friday it has invested 200 million pounds in a rebranded stock exchange in Qatar, reducing the size of its planned investment in the energy-rich Persian Gulf.
NYSE Euronext said that it will pick up a 20 percent stake in a joint venture to rebrand the exchange with the Qatar Investment Authority — instead of the 250 million pounds for a 25 percent stake they had announced a year ago.
The new venture, to be called the Qatar Exchange, will replace the existing Doha Securities Market. ...
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