The Qatar Investment Authority now owns more than 10 percent of Tiffany & Co., according to a recent filing with the Securities and Exchange Commission.
The Authority owns 11.27 percent of the iconic retailer, or 14.3 million shares, according to a March 6 filing. This solidifies the position of the Authority, owned by the government of Qatar, as the retailer’s largest shareholder.
In prior instances, the Authority owned 8.7 percent and 5.195 percent of the company.
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