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Qatar Fund to Buy Credit Suisse’s U.K. Office, Telegraph Says

The Qatar Investment Authority, the country’s sovereign wealth fund, has offered to buy Credit Suisse Group AG (CSGN)’s office headquarters in London, the Sunday Telegraph reported, without saying where it got the information.

The fund may have offered to buy the Swiss bank’s property at 1 Cabot Square in Canary Wharf in a sale and leaseback deal valued at about 330 million-pound ($519 million), the newspaper reported, without citing anyone.

To contact the reporter on this story: Rob Sheridan in London at rsheridan6@bloomberg.net

To contact the editor responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net

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