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Sainsbury's slumps as Qatar Investment Authority places 109m shares

By Michele Maatouk

Date: Friday 11 Oct 2024

(Sharecast News) - Sainsbury's slumped on Friday following reports that its biggest shareholder, Qatar Investment Authority, has placed 109m shares in the supermarket chain.
The shares were placed via Goldman Sachs at 280p each, which is a discount of around 2.8% to the closing share price on Thursday.

At 1000...

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