After Building Up a Holding of 2%, Qatar Has Become Total's Third Largest Shareholder

摘要

According to reports in the French business newspaper Les Echos on 24 March, Qatar has acquired a 2% shareholding in Total since last summer, becoming the third largest shareholder in the French company after the staff of the French company and the Belgian businessman Albert Frere and its family. "The share purchases were made discreetly by two sovereign wealth funds, before being combined under the control of Qatar Holdings," noted Les Echos. "We contacted Total, but it did not want to make any comment."