Ticker	Volume	Price	Price Delta
DJIA	15,303.10	+8.60	0.06%
S&P 500	1,649.60	-0.91	-0.06%
Nasdaq	3,459.14	-0.27	-0.01%

Ticker

Volume

Price

Price Delta

DJIA

15,303.10

+8.60

0.06%

S&P 500

1,649.60

-0.91

-0.06%

Nasdaq

3,459.14

-0.27

-0.01%

Ticker	Volume	Price	Price Delta
STOXX 50	2,764.29	-12.49	-0.45%
FTSE 100	6,654.34	-42.45	-0.63%
DAX	8,305.32	-46.66	-0.56%

Ticker

Volume

Price

Price Delta

STOXX 50

2,764.29

-12.49

-0.45%

FTSE 100

6,654.34

-42.45

-0.63%

DAX

8,305.32

-46.66

-0.56%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

United Development of Qatar Says Investor Still Seeking Stake in Company

By Shaji Mathew - 2012-02-26T05:43:15Z

United Development Co. (UDCD), a Qatari investor in infrastructure and energy, said an investor is seeking to become a strategic shareholder in the company.

The company received a new letter from Qatar National Bank, representative of an investor, indicating it “still wants to join the company as a strategic shareholder by way of increasing the capital,” according to a statement on the Qatar bourse today.

United Development said on Jan. 29 that an investor pulled a request to buy a stake in the company after seeking to change the terms of an offer.

Qatar’s Pension and Social Insurance Authority offered to buy 80 million stocks of United Development for 20 riyals a share to become a “strategic shareholder” in the company, United Development said on Dec. 28.

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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