Bloomberg News

Hochtief Says Qatar Considers Stake ‘Long-Term’ Investment

October 12, 2011

Oct. 12 (Bloomberg) -- Hochtief AG said Qatar Holding Luxembourg II has notified it that its acquisition of voting rights is a long-term investment. Qatar plans to acquire further voting rights within the next 12 months which may be implemented by way of purchases of voting shares or by other means. Qatar doesn’t plan to influence appointments to Hochtief’s boards and doesn’t aim at a capital structure change to the company.

Qatar held 10.000001 percent in Hochtief as of Sept. 28, Hochtief said.

Link to Statement:{NSN LSY4Q13PR6RL <GO>}

To contact the editor responsible for this story: Mariajose Vera at mvera1@bloomberg.net


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