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Qatar Airways acquires close to 10% stake in BA parent

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Qatar Air said on Friday it had no immediate plans to increase its holding, which is valued at roughly £1.1b, or about US$1.7 billion, and makes the carrier the largest individual shareholder of IAG.

Paris

QATAR Airways said that it had acquired a 9.99 per cent stake in International Airlines Group (IAG), parent company of British Airways and Iberia of Spain, deepening a commercial partnership with the group and further extending the emirate's push into Europe.

Qatar Airways,

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