16 Oct 2010
(MENAFN) The Daily Telegraph reported that Qatar’s QInvest is considering selling its stake in British stockbroker Panmure Gordon.
QInvest, Panmure’s biggest shareholder, has asked investment bank Lazard to advise it on its options, including a possible sale of its 44 percent stake, the newspaper said in an unsourced report.
It said Lazard’s appointment follows last month’s announcement by larger rival Evolution Group that it was considering a bid for Panmure.
Last month, Panmure shrugged off the threat of a bid from Evolution, saying it had opportunities to grow despite making an interim loss.
Britain’s Takeover Panel has set Evolution a deadline of Oct 28 to decide on whether or not to make an actual bid for Panmure.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more